Thumperpull wrote:
IMHO as a financial advisor, if you have to finance for 12 years, you can't afford it. Only a home mortgage should have a note of that length.
Wow, guy makes an observation and gets drilled for it. Think anyone would agree the ideal for any major purchase is cash or minimal financing but if you ain't got it, that automatically means you can't or shouldn't buy something? Following that line of thinking I would be walking everywhere and living in an appliance box under a bridge somewhere............ The guy's finance term might be 12 years, but nothing says he can't pay it off before then. Geez..........
