View Single Post
      07-08-2008, 08:33 PM   #52
Bobby_Light
Major
Bobby_Light's Avatar
United_States
65
Rep
1,352
Posts

Drives: E36 M3
Join Date: Aug 2007
Location: SoCal

iTrader: (14)

Quote:
Originally Posted by jaiman View Post
Wealty people have no problem acquiring debt if the rate of return they can hit is higher than the interest they will pay.

That said, unless you are buying super exotic cars that you will keep for 25+ years the ROI on cars is most likely negative and they are a wealth destroyer.
Agreed.
Appreciate 0