[Shop-talk] Salvage title vehicles

Douglas Braun doug at dougbraun.com
Mon Jul 26 17:46:25 MDT 2010


On Mon, Jul 26, 2010 at 7:08 PM,  <eric at megageek.com> wrote:

>  I agree with him that you should only buy a car that you can pay for in
> cash.  Save up enough money to buy a beater and pay in cash, then as soon
> as you get the car, start saving for another car.


The classical problem here is that somebody needs a car to get a job,
so they will have the money to pay for the car.
Sort of the same reason businesses need to borrow money.

But I have heard some people asking about how to borrow money to buy a
collectible or other "play" car.  Now THAT's really silly.

Doug


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