# Taking payments on a car

**URL:** https://forums.speedlife.net/t/taking-payments-on-a-car/36226
**Category:** NYSpeed Off Topic
**Created:** [September 30, 2007, 9:42pm UTC](https://forums.speedlife.net/t/taking-payments-on-a-car/36226 "2007-09-30T21:42:51Z")
**Posts on this page:** 1
**Showing post:** 67

<div class="post-metadata">

### Author: ![Jim1234664](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jim1234664/32/7438_2.png) [@Jim1234664](https://forums.speedlife.net/u/Jim1234664)
#### Post date: [October 1, 2007, 8:12pm UTC](https://forums.speedlife.net/t/taking-payments-on-a-car/36226/67 "2007-10-01T20:12:25Z")

</div>

[quote=“MOBOOST4U,post:59,topic:36226"”]

He will now have equity for the first time which later may go towards a house or maybe even collateral towards a bigger loan.

[/quote]

or he will start a neverending spiral into impulse buying with credit he can’t repay.

---

_[View the full topic](https://forums.speedlife.net/t/taking-payments-on-a-car/36226)._