I have some friends who own about 60 rental properties on a main street in a popular city in new england.They can have anything they want.They all drive shit boxes and are exectric.when he pulls out his 2 inch wad of money its all 50,s 100,s and this isnt a joke.He can buy anything he wants now hes in his sixties.I have no loans or mortgages but my property tax will make you fall over.all flash and no cash.It No one is worth impressing spending that kind of money.Who cares what the next guy thinks,Drive shit boxes and laugh all the way to the bank
16.37%
Total financed: $71,792
Total paid, after 72 months: $113,184
Total interest paid, after 72 months: $41,392.
Buddy, I’m no finance expert, but holy crap don’t do this.
Loan calculator
I have some friends who own about 60 rental properties on a main street in a popular city in new england.They can have anything they want.They all drive shit boxes and are exectric.when he pulls out his 2 inch wad of money its all 50,s 100,s and this isnt a joke.He can buy anything he wants now hes in his sixties.I have no loans or mortgages but my property tax will make you fall over.all flash and no cash.It No one is worth impressing spending that kind of money.Who cares what the next guy thinks,Drive shit boxes and laugh all the way to the bank
No matter how you look at it, but 113k for a Sienna seems mind boggling. That used to be used supercar territory, German Big 3 luxury money.
I cannot see any world where this makes sense when used CPO options from a reasonably reliable brand exist.