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Message: <blockquote data-quote="Shoot Summ" data-source="post: 2865111" data-attributes="member: 1055">It's funny you say that, because financially he might not have.He could conservatively invest that $20K for 8 years, and make $10K, or more(or less)...There are some great deals on borrowing money right now, a 5 year note, .9% for that $55K would cost him $4200.  TT+T is higher, fuel costs are lower, extra repair costs are probably lower, and the residual value is higher.  Insurance costs would differ, although you wouldn't want to drop $20+K into a vehicle and have it stolen so you couldn't go liability only.  So at the very worst it's a wash, and could actually be worse for the old 'Burb if he borrowed money to do everything.</blockquote>