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Old 07-29-2008, 10:46 AM
  #7  
FlyBoyd
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Joined APC: Jul 2007
Position: FDX 767 FO
Posts: 817
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Originally Posted by threegreen View Post
I do not have cash to pay straight up for the car...
Originally Posted by Ottopilot View Post
...older car...pay cash...small loan...737 Captain at a major and I drive a 10 year old Corolla. Why get into debt?
If you have reliable transportation, drive it until the wheels fall off. If you need a "new to you car," listen to Ottopilot. Investing your hard earned cash in something that depreciates is bad juju. IMO if "you don't have cash" then you can't afford it. Use that payment amount to invest while the market is down. In the long run it is the best call.

Just my .00002 cents (<---weak dollar)
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