07-08-2008, 08:33 PM
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#52
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Major
Drives: E36 M3
Join Date: Aug 2007
Location: SoCal
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Quote:
Originally Posted by jaiman
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.
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Agreed.
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