Quote:
Originally Posted by Lt Keefer
My thought is almost everything you buy is worth less after you open the package. That being said, If a bank wants to loan me money for 20 years on a depreciating asset that's their problem, not mine. And frankly, I can walk away at any time from my RV loan. Sure it would be a hit on my credit, but so what.
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That’s exactly true and the right way to look at it. If you can finance it at a low rate you are better using someone else’s money. Sure like you side your credit will take a hit but most likely at that point that’s the last thing you are thinking about. Keeping a roof over your head and food at the table is more important then a luxury.
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