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Brown Cafe UPS Forum
UPS Discussions
Reducing overtime
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<blockquote data-quote="The Range" data-source="post: 3778339" data-attributes="member: 51803"><p>Buying a new car with cash is stupid. For one, depreciation. Two, a car's failure rate is a bathtub curve. Your highest failure rates are when the car is new and when it's reaching its end of life. The stable phase of a car's life is in the middle. This holds true for any manufactured product. Lastly, financing a car is brilliant over paying cash. That cash is best served invested elsewhere as it will outpace the apr cost associated with a car loan. Buying a car with cash is smart for one thing - telling financially dull people you bought a car in cash. Credit is your best friend as it provides you with the needed leverage to punch above your weight.</p></blockquote><p></p>
[QUOTE="The Range, post: 3778339, member: 51803"] Buying a new car with cash is stupid. For one, depreciation. Two, a car's failure rate is a bathtub curve. Your highest failure rates are when the car is new and when it's reaching its end of life. The stable phase of a car's life is in the middle. This holds true for any manufactured product. Lastly, financing a car is brilliant over paying cash. That cash is best served invested elsewhere as it will outpace the apr cost associated with a car loan. Buying a car with cash is smart for one thing - telling financially dull people you bought a car in cash. Credit is your best friend as it provides you with the needed leverage to punch above your weight. [/QUOTE]
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