funding a used aston- how do fund yours?
Discussion
marknash99 said:
If you have the cash spare in the bank to use then definitely use that instead of taking out a loan. But it sounds as though you need finance. So do it. If you can afford the repayments why not? Interest rates are low, depreciation in Astons is low relatively speaking (talking about the 5yr old plus ones) Life is short, live for now but sensibly and pull the trigger.
I'm not ashamed to admit, I haven't bought my Aston out right, I put a chunk of cash down and financed the rest. Yeah ok I could have saved for the next couple of years or so and looked to buy out right, but I could die next month, I could lose my job or get ill, then I would have never have owned as Aston. I can easily afford the repayments and the little bit of interest I'm paying is money well spent to be driving around in my V8V Roadster - especially the way the weather is right now!
What % did you put down? Did aston provide the remaining finance? Presume yours is five years old so minimum depreciation?I'm not ashamed to admit, I haven't bought my Aston out right, I put a chunk of cash down and financed the rest. Yeah ok I could have saved for the next couple of years or so and looked to buy out right, but I could die next month, I could lose my job or get ill, then I would have never have owned as Aston. I can easily afford the repayments and the little bit of interest I'm paying is money well spent to be driving around in my V8V Roadster - especially the way the weather is right now!
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