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Lifetime cost vs purchase cost
#4
There's plenty of such information out there for anyone who takes 5 minutes to research a purchase. However, there is a large fraction of the buying public out there who will never see past the "initial purchase price", no matter what information you give them. There was a guy at work a while ago who was sticking with his 12% mortgage rate because the period of a refi loan was longer than his original loan so he thought that it MUST cost more (even though I pointed out to him that he could pay it off at any time. Some people just can't understand even very basic arithmetic.
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Messages In This Thread
Lifetime cost vs purchase cost - by what4 - 02-20-2007, 04:12 PM
Re: Lifetime cost vs purchase cost - by Jem - 02-20-2007, 04:17 PM
Re: Lifetime cost vs purchase cost - by spearmint - 02-20-2007, 04:25 PM
Re: Lifetime cost vs purchase cost - by davester - 02-20-2007, 04:41 PM
Re: Lifetime cost vs purchase cost - by mattkime - 02-20-2007, 04:52 PM
Re: Lifetime cost vs purchase cost - by Carm - 02-20-2007, 11:46 PM
Re: Lifetime cost vs purchase cost - by mikebw - 02-21-2007, 06:48 AM

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