Car Arriving this week - Adelaide

[Bilharzia]

12 months today since put order in and it is on the dock finally
F'ing so excited...
I've seen a total of 2 Supras on the road in the last year. Are there any other SA owners on here?

Now I need to get serious - Femto, JB4 or wait?

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[Jackyl tm]

Femto most definitely!

 

[splv]

Congrats, man. My personal feeling is to hold off on any major mods until car is paid off. Put that extra money into paying off interested debt first. Just me though.

 

[Turbro]

Congrats! Post it when you get it! Waited 18 months from deposit for mine. And over 5 years for a manual lol. Worth the wait for me. I love my MT.

what’s your spec?

 

[lucky phil]

Congrats, man. My personal feeling is to hold off on any major mods until car is paid off. Put that extra money into paying off interested debt first. Just me though.

But not all of us borrow money to buy a car. Maybe he's paid cash.

Phil

 

[Pande]

But not all of us borrow money to buy a car. Maybe he's paid cash.

Phil

Was definitely the way to do it if you could, considering the car finance rates the past few years

 

[Stedy]

Was definitely the way to do it if you could, considering the car finance rates the past few years

Even if you have the cash, borrowing is often a better option as long as you do something smart with the cash. Markets have been going ballistic over the last 8 months. Getting a 'free' car by generating better returns on the cash than what's being paid on the loan interest has actually been pretty easy.

 

[DR.COKE]

Congratulations on the car!
personally I don’t like loans/interest. It change how you a approach future issues in life. Cash for everything but a primary home and pay off the home ASAP. Life is different when you own everything outright.

 

[Pande]

Even if you have the cash, borrowing is often a better option as long as you do something smart with the cash. Markets have been going ballistic over the last 8 months. Getting a 'free' car by generating better returns on the cash than what's being paid on the loan interest has actually been pretty easy.

Fair enough! Compound growth at 6-7% rates even on an ETF can be pretty compelling. Myself personally I'm in property so it's a simple calculation of investment interest rate vs car interest rate. Divesting into stocks is not until the future

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