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/biz/ - Business & Finance

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10317048 No.10317048 [Reply] [Original]

Biz do you prefer renting car/house or buying house/car with a bank loan ?

>> No.10317086

>>10317048

To me it's simple:

>thriving economy
rent

>struggling economy
buy

As for cars you should always buy a used car in good condition, and don't finance it. Anything else is a stupid financial decision.

/thread?

>> No.10317093

Car comes down to how many miles you drive. Lease programs are set up for people in a city that drive like 10 miles a day tops... people who commute 50 miles a day would be screwed on the charges for going over.

Buy houses but only ones you think will make a profit. Although I got “caught” by the big market turndown in 2005 and sold my house for $5k less than I bought it for. That sucked until I realized I basically had 8 years of “rent” for $5,000!!!!

>> No.10317151

>>10317086
/thread
I'm starting to wagecuck this year so I want to know If I buy a house and save 1-2 year to buy a new car. Living in France by the way

>> No.10317159

>>10317093
I'm planning to buy a new (2019) apartment in Paris so I think it will be profitable to buy one

>> No.10317184

>>10317086
I'm looking to buy a new mercedes benz Class C for like 50K I don't like buy used things it's just a feeling

>> No.10317390

>>10317048
Better to buy OP

>> No.10317412

>>10317184
so you like the feeling of wasting money then?

>> No.10317435

>>10317412
that being said new cars are a meme

you drive from the sellers yard and its value lost a few k's already

>> No.10317439

>>10317412
it's not wasting money I like to at least have a decent car

>> No.10317465

>>10317435
I don't think a mercedes loose value quickly