Culture
Recycles dryer sheets
- Joined
- Apr 15, 2007
- Messages
- 491
... at least according to the RV salesman I talked to today.
He ask if I had already arranged financing. I told him I would pay cash. He indicated that this was not a good idea, as the price of the motor home would drop 20% when I drove it off the lot, and I should not put my cash into something that was declining in value.
He gets extra credit for admitting the 20% loss of value upon purchase, but I could not get him to understand that you lost the money whether you payed cash or were making payments, unless you were planning on filing bankruptcy after you got upside down. Uggggggg!
If you are wondering, I would buy used but the wife has a problem with, quote, "buying other people's garbage."
He ask if I had already arranged financing. I told him I would pay cash. He indicated that this was not a good idea, as the price of the motor home would drop 20% when I drove it off the lot, and I should not put my cash into something that was declining in value.
He gets extra credit for admitting the 20% loss of value upon purchase, but I could not get him to understand that you lost the money whether you payed cash or were making payments, unless you were planning on filing bankruptcy after you got upside down. Uggggggg!
If you are wondering, I would buy used but the wife has a problem with, quote, "buying other people's garbage."