How did you finance your Cobra?

[RedBarchetta]

Originally posted by Edley Rondinone
......I have heard it said that it is not fiscally prudent to finance a toy such as the Cobra, as it were.....but no one knows your finances like you, yourself, do. JMHO.

Agreed. But I will consider to finance, say 20% or $10K, of a $50 acquisition. The other 80% would be paid in cash, split between the proceeds from my Corvette, exercising some company stock options (I've always viewed them as "free money" anyways) and a good portion of my annual bonus (timing = Feb). Oh, and since the $10K financed would be on a home equity line, the interest is 100% tax deductible.

I'm really not willing to compromise on quality...example: buying someone's FFR versus the SPF. I might consider a BackDraft as an alternative, but I really believe that you get what you pay for in life. There are good reasons why one company's TKM is considerably less than another's. JMHO.

That said, I'd also consider buying the "wrong color" for less (if I could work a deal), and for $5K I could have it professionally painted in whatever shade of RED I choose.

Decisions....decisions.....