Stop putting words in my mouth. Everyone likes cars that cost more than 10k, but based on the average household income of 50k/yr, 10k is about what you can save in a reasonable amount of time. If you can save more, sweet. But to borrow money because you don’t have the patience to save it, is just setting yourself up…

Cool

Are you a millionaire?

You are introducing risk into the equation by investing it though. By your logic, I should borrow money on my paid for car in order to invest in my retirement. Same equation, just flipped around.

I would tell you that you are probably hurting yourself financially by eating the lost value, but the fact that you have the self control to save the money to pay cash tells me that you are probably doing ok.

This is going to blow your mind.... There are decent cars for less than 10 grand. Also, if you buy a new car, the loss in value over the life of the loan will negate most if not all of your investment gain.

Nothing, I don’t buy new cars

He’s a smart guy. I’m wouldn’t belittle people who lease, only people that tell other people that it is a good idea. Some people have been told that it is a good idea and believe it. I’m not mad at them, just the people who mislead them.

I live in West Michigan. We get the best of summer and winter.

I like how we are talking about how Trump has conflicts of interest, as if Hillary would have been a completely transparent, trustworthy option. If you really felt strongly about the standards that you describe in this article, you would have written this piece in July when the candidates were chosen and we were left…

You can get a car that will last you a year for $1000.

No one said anything about continuously, just until you have a car that you are happy with.

I’m not the most successful comedian of all time and I paid cash for every car I’ve ever owned.

I didn’t say it did. I said the reason he still has money is because he doesn’t make dumb decisions with it. I’ll take his advice on money before I’ll listen to a car salesman/journalist.

This is the biggest load of shit. The reason that Jay Leno and people in his wealth bracket have that kind of money is because they don’t make dumb financial decisions. There are used cars that you can afford if you can’t afford to buy new. But to say that leasing is ever a smart option is just teaching broke people…

Well, I guess I won’t be buying any car manufactured after 2023. Hopefully the parts market for classics remains alive and well into the 2060s

He’s not even in office yet. Of course he’s not going to threaten to prosecute Hillary. That would be counting his chickens before they’re hatched. What if he doesn’t get in? If the electoral college elects Hillary after he has an entire team just waiting to throw her in jail, she’s going to come after him with a…

Ugh, I hate it when kind, generous, successful couples with great marriages and sweet families also stand for wholesome values. It really ruins the whole vibe! /sarcasm

Ford: We have to make cars in other countries because making them here would drive the prices up and inflation would follow so Trump will have to let us do that

Can we stop acting like “anti-immigration” is a thing. It is “anti-illegal immigration” No one is suggesting that we send legal immigrants back to where they came from.