Re: [DMCForum] Your opinion is needed
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Re: [DMCForum] Your opinion is needed



For the life of me, I have never understood the shiny allure of DEBT.  9
out of 10 people I know go out and buy a brand new car as soon as they
get their first real job, and pay pay pay for it.  What's the sense in
spending all your cash on something that won't even hold it's value?  

Back when I had a real job, i was approved for a loan on a quarter
million dollar house, so I guess Avi with his 8k/year can get a $35k
loan.  I'm sure it has to be cosigned by the parentals anyway.

With all this talk about starting these auto business ventures and buying
apartment complexes, I'd expect you to be much smarter about where your
money goes.



On Fri, 4 Jul 2003 22:06:37 -1100 "Avi Sarfaraz" <asarfaraz@xxxxxxxxxxx>
writes:
> Im renforcing my Funding...we for the most part, are in the clear 
> now, and Im going to get another loan for the whole thing, I have 
> lots of friends and I can always renforce my assets on a fast if 
> really need be.
> 
> The Time I would buy the car, would be around late November-early 
> December,  or for even more money to my maximum 35k capacity, Around 
> march or may, when the snow starts to melt.
> 
> I'd have the 35k car manageable in a year...I make a excess of 700$+ 
> a month myself alone, I sold the DMC because my parents needed the 
> money and I needed to shut the bills up for them..thats about 
> it...If I can make the 35k car manageable, I can get a good D on the 
> side....the 35k car based with a people's first loan at 4.49% 
> interest with 5000$ (CASH) Down payment, it would cost me around the 
> ballpark of 400.00$-440.00$ and another DMC is in the works...Im 
> going to attempt to fit it in...so I can have it all, This is just 
> prospecting.
> 
> 
>   ----- Original Message ----- 
>   From: Louie G 
>   To: DMCForum@xxxxxxxxxxxxxxx 
>   Sent: Friday, July 04, 2003 4:46 PM
>   Subject: RE: [DMCForum] Your opinion is needed
> 
> 
>   I thought you had to sell your DeLorean because of a dire money 
> problem... so explain to me why 2 weeks later you're looking at 
> buying a $35k sports cars? If I had that much money to play with... 
> I'd buy a couple DeLoreans... lol. I've always wanted a black 
> interior automatic to go with my grey interior 5-speed :-). Or maybe 
> just go for one of Houston's refurbished cars... they're very very 
> nice... if money were no object that's what I'd do in an instant. 
> -Louie
> 
>   _____________________________________________________________
>   See what you missed! Read the report on the 2003 DMC Open House 
> Event at http://www.delorean.com/2003event.asp
> 
> 
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> 
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