04-23-2010, 10:05 PM
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CC Member
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Join Date: Aug 2007
Location: Carlsbad,
Ca
Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.
Posts: 2,617
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Not Ranked
Because this way I got a 1% loan.
I didn't need the money I secured the loan with (it was just sitting in an interest earning account) and didn't want to pay out the cash at the time of purchase. I wasn't sure I was going to keep this particular car very long (I only kept it two years).
The next one I paid cash for, and that one hurt!
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Jim
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