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  #11  
Old 03-25-2012, 11:50 AM
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Originally Posted by FLC2000 View Post
Ive financed one piece of equipment in 12 years. If I dont have cash for it I save up. If I dont have time to save up Ill buy used.

I dont care about percentage rates. I care about FREE AND CLEAR.


that is good for you, but that wasn't his question was it.
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  #12  
Old 03-25-2012, 11:58 AM
FLC2000 FLC2000 is offline
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that is good for you, but that wasn't his question was it.


Just offering advice. Didnt know the internet police were going to get involved.

To many people finance and get stuck making payments for years and by the time they get it paid it off its worth 30% of what it was new or its not running at all.

The best thing to do is pay up front for it.

Seems like pretty simple logic to me.

And to be honest if you dont like what I post ignore it.
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  #13  
Old 03-25-2012, 12:09 PM
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Originally Posted by FLC2000 View Post
Just offering advice. Didnt know the internet police were going to get involved.

To many people finance and get stuck making payments for years and by the time they get it paid it off its worth 30% of what it was new or its not running at all.

The best thing to do is pay up front for it.

Seems like pretty simple logic to me.

And to be honest if you dont like what I post ignore it.


so i gues that mean that you paid cash for your house and that its paid off. well congrats then.
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  #14  
Old 03-25-2012, 01:12 PM
FLC2000 FLC2000 is offline
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Originally Posted by JB1 View Post
so i gues that mean that you paid cash for your house and that its paid off. well congrats then.


yawn...


Its an opinion. Again, if you dont like it dont respond.
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  #15  
Old 03-25-2012, 02:16 PM
CLservice CLservice is offline
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By the end of this mowing season I will have enough cash to pay for them. So right now I was looking for a 6months of a 12months deal or make payment for 6months and pay it all off. I just figured I would make payments now to improve my credit, that way if a rainy day situation happens down the road I will have good credit for that situation.
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  #16  
Old 03-25-2012, 02:48 PM
FLC2000 FLC2000 is offline
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Originally Posted by CLservice View Post
By the end of this mowing season I will have enough cash to pay for them. So right now I was looking for a 6months of a 12months deal or make payment for 6months and pay it all off. I just figured I would make payments now to improve my credit, that way if a rainy day situation happens down the road I will have good credit for that situation.
If its all you can do and if the piece of equipment you are buying is a neccessity than by all means do it.

Just sink every penny you have into paying it off as soon as possible.

I hate financing. I hate credit cards. I hate borrowing money. Id rather have someone owe me money than the other way around.
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  #17  
Old 03-25-2012, 05:50 PM
CLservice CLservice is offline
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Ya, I donít have the cash right now, by the end of the season with the contract I have I should be able. I try to only use cash but you need credit sometime down the road.
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  #18  
Old 03-25-2012, 05:58 PM
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Ya, I donít have the cash right now, by the end of the season with the contract I have I should be able. I try to only use cash but you need credit sometime down the road.
That is right.
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  #19  
Old 04-02-2012, 07:45 AM
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I have financed a few things over the years and it did help me out. Put some cash down on it if at all possible. I have used GE and Sheffield and had good experiences with both. Try to take advantage of the promotional deals - 0% is good. Just be sure business is growing to keep up with it and you'll be fine. Companies that grow very quickly and are very secure almost always borrow capital to keep up with their growth. It's all part of investing. Now PERSONAL debt I am against! Good luck and let us know how you make out!

Jason
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