re: #362 Fourth Football of the Apocalypse

Don’t think it makes much sense to pay cash for a new car. Unless you’ve got a zillion dollars in cash on hand. As you say, car loans are not usually of the high interest variety. And depleting one’s cash on hand just for bragging privileges to say “I paid all the cash for my car, lazy moochers” is just silly. Better to keep the cash for emergencies, if you have it.

Not only that, Crowder’s also boasting about how he’s got cars that are over a decade old. In other words, he’s boasting that he’s no doubt spending more in maintenance and fuel than he would with a newer vehicle. What’s he going to do when he’s $2,000 short of the cost of that new car and then his Explorer’s transmission explodes?