Quote:
Originally Posted by roper1
Exactly the reasoning we went used! Disregard the twits yabbering about someone else making your payments, you don't have 'em. Enjoy the boat!
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Exactly the reason to go new. Why pull out cash from somewhere it is making a good return? Just not logical.
It used to make sense when interest rates were 9, 10, 11%. Now that they are 3% or less it makes a lot more sense to use other peoples money for toys and invest the cash for later. One can always pay off the toys if needed. Your situation may vary so I only speak for myself.