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      04-07-2020, 09:56 AM   #44
DarkstarZero
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Drives: Daytona 95 M3, X7 M50, e92 M3,
Join Date: Nov 2007
Location: Washington DC

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Quote:
Originally Posted by Humdizzle View Post
https://www.evanpaulmotorcars.com/car/505-mclaren-570s

McLaren 570s.
Probably 160k asking price. and 20k down

$140,000 to be financed.
144 month loan at 6.25% ~ 1380 a month.

That's $60k in just interest for a $160k car
A 12 year loan straight from the dealer!?

We're in a recession. Right now all the lost jobs are in travel and service but they will come back once C19 is over. The jobs that will have a more long-term loss are in Sales. Sales is always the main thing to go in a recession.

I'm guessing a ton of cars like this McLaren will be at auction in 2 months. No payment deferral is going to make up for lost commissions over the next year.
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