Quote:
Originally Posted by arpad_m
Two different philosophies, neither of them invalid, both with their distinct advantages.
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I guess. At least in the USA there’s tax advantages to the method I described. (Hence why everyone always complains the mega rich don’t pay any taxes)
Don’t get me wrong, I know a guy that is insanely well off (borrowed his Urus for a while.) He pays cash for cars. Even though most of his associates would say he’s crazy for doing it BUT he’s really old and has so much money it doesn’t really matter at this point. The money will outlive him lol.
I’ll also agree with Camaro fanboy on most people having luxury cars up to their eyes in debt they can’t really afford.