Of course, sometimes paying for peace of mind is worth it based on circumstances. It works for you, so thatās all that matters. It might not have been the right financial choice, but it was the right choice for you.
Thatās separate from pure smart financial advice, which only cares about $$$$.
šÆ the way to go. But if you have good credit the rate will be in the 4s for finance. I have been offered low 3s via my credit union.
Best financial advice I ever received: do what gives you more $$ in the end, not what makes you feel good. š. You can run the numbers on any bank software or model.
If you plan to keep the asset beyond the loan then you will never be underwater in a relevant way.
All that matters is how much you are paying for it vs how much the sticker is - house or car. And horizon for investment return. You will never care about being underwater on a car on a good loan...
lol I was obviously being tongue in cheek with my specifics. But the principle of financing at good rates and putting your money to work is what every financial advisor would tell you to do. Same with mortgage etc.
You just have to have the discipline. In fact, buying a house with a mortgage...
If you get a good rate, it is much better financial decision to finance and invest the principal. Otherwise you are flushing money down the drain. Giving up a good rate makes Zero sense to me.
If you could legit get 240mi @80mph for 80->10, thatās a game changer. Especially if you can get 800V architecture. At that point, in the right areas with the right chargers, you are really close to gas fill up time, with a bathroom break.
Prove that you havenāt shown that other brands do not have the same issue?
ok - done!
Also, did you just use AI to respond to a comment about you using AI? lol, you arenāt very good at this.
But you havenāt answered whether Rivian is an outlier here or if other car brands see similar trends and results.
And itās a little weird to say you arenāt using AI when you clearly are.
I am the opposite of a Tesla fanboy. And I find your posts to be annoying, repetitive, and of 0 positive benefit to the site.
Feel free to do as you like. We are free to judge you accordingly.