WHERE TO GET BETTER CAR LOANS IN 2023

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The interest rate is not the number you should be focusing on. Here's why..

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i bought a 911 Targa 4 GTS at the beginning of 2022 and got a 2.9% loan from Porsche. Today, Porsche is financing at 7.25%. At some point, prices of these cars may have to soften a bit since some buyers won't be able to afford to pay as much. Although, a lot of luxury car buyers don't need to finance their purchases, there are probably still some who don't have the cash and need to borrow. Personally, I was ready to pay cash for my car, but when they offered me 2.9% I figured why not?? Today, if I bought that same car, I'd pay cash rather than pay 7.25%. What will be rough is if we get back to an environment where cars used to depreciate 50% over 3 or 4 years. That depreciation combined with high borrowing costs will be painful for some.

frankb
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Woodside credit is a good lender overall

ldelacruz
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Excellent video P. What car makers do you believe have already sealed their "fate" ?

juan
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Buy them thru creative finance! But them Subject to an existing note (with a low rate).

Hawksforever
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I was driving a 992 Carrera S a while ago that was heavily modifed and the exhaust was so fucking loud when in sport mode. In sport mode it had a lot of burbles too, does the valvetronic have burbles? Ive been trying to figure out what system it had

Sickwitit
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In observing the economy in 2023....half of the country is pining for the next election. Forgive me If I appear to 'trigger the political card, ' but it's not good when the government seems to print more paper money to feed the inflation rate. When inflation shows numbers where investors, whether exotic car hacking or Real Estate Investing, normal hard working class will fear to make the next step. But all respect given to Coach PJ. All respect and Nothing less.

Porsche's are fun cars, but don't see myself investing in one personally. In general their contours and exterior I just don't find appealing, but they do sound good. Ferrari have only but a few and in-between, like the 588 Italia. Lambos...I'm staying away from the URUS and 'Gay'-ardo. SVJ, cool. The Performante, cool. The Huracan Evo - solid (But the thing about the Romans and their ideology with the bull ) .. Mclaren 600LT solid, 720S - solid. I know Coach hates Lotus, but have you laid your eyes on both the Evija and the Emira??

jamesknight