Thread: Tesla Model 3
View Single Post
Old 03-31-2019, 06:55 PM   #1024 (permalink)
Fat Charlie
Rat Racer
 
Fat Charlie's Avatar
 
Join Date: May 2011
Location: Route 16
Posts: 4,150

Al the Third, year four - '13 Honda Fit Base
Team Honda
90 day: 42.9 mpg (US)
Thanks: 1,784
Thanked 1,922 Times in 1,246 Posts
Quote:
Originally Posted by Xist View Post
3% interest may not be much, but unless I am earning more on the same amount, I am still losing money.
A car that you don't have enough cash to buy outright... is probably more reliable than the tax return-mobiles that my wife and I used to get every year (take the check to the crappy used car lot and see what we'd be driving for the next year).

Going into debt, overall, isn't a good thing. But if you're living paycheck to paycheck, it's almost impossible to buy something bigger than one of your paychecks. I'm pretty thrilled to own my house, which the bank now owns a little less than half of. I'm pretty happy about my car too: it's got 115k and looks a bit ragged, but it's got at least that much more life left in it and it's paid for. I didn't finance it so I could finance something else the moment the payments stopped, I bought it to run a long time, and financing it helped me do it.
__________________

Quote:
Originally Posted by sheepdog44 View Post
Transmission type Efficiency
Manual neutral engine off.100% @MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%

  Reply With Quote