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Old 04-10-2009, 12:00 PM   #133
Mr Hardware
Flairs - Truckers Delight
 
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Join Date: Aug 2006
Location: Brisbane Northside Likes: Opposite Lock
Posts: 5,731
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Quote:
Originally Posted by montyLalor
That's a disappointment. I'm at a crossroads with my EL. Do I get a $15-20K loan and buy a B series or do I rebuild the six in 'er with a small personal loan of less than $10K? Was hoping Joe would be ready by now to help me with my decision.
If you poured $15-20k into a nice B-series, you'd see most of your money again, if you poured $10k into your EL you'd be guaranteed not to see a cent of that money again. It's the difference between what we call 'bad debt' and 'ugly debt'. Personally, if i can't pay cash for a car or upgrades, i just go without.
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