MAGS1
Well-Known Member
- Joined
- Mar 6, 2020
- Threads
- 50
- Messages
- 5,954
- Reaction score
- 9,032
- Location
- Somewhere in Middle America
- First Name
- Mark
- Vehicle(s)
- 2022 Mustang GT
They probably arenāt all paying cash, youāre correct. But they likely have the assets to do so if needed, or at least put more money down. Ford doesnāt want people scraping money together to try to get a down payment together if they really canāt afford the car. The last thing they want is one of these halo cars to get taken back by a bank or sold on the cheap to get out of a loan because the original owner couldnāt make payments. That was the intent of my comment, apologies that it wasnāt clearer. But yes, in general it makes more sense to use other peopleās money (bank) if you can make more on your money invested elsewhere.How you think Shmee150 manage to buy Ford GT and Senna at the same week ? He is often talking about the UK financing firm that he is using who specialise in providing loans for hyper cars. If you think someone at that level of car purchases is paying cash for a car instead of investing the money in whatever business venture got them at first place. There special financing companies that specialise in that market and you can own super cars with very reasonable monthly payments because they have a huge balloon payment at the end of the loan term. It's very good schema which is why considering what StangMode is planning to do is suggesting he totally don't have a clue how this game is played.
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