Because Ford's primary competitor for EV sales is Tesla, which does not have franchise dealerships and sells all of its vehicles for a fixed price set by the manufacturer.
None of my business, but with interest rates so low you’d probably be better off financing the bronco and leaving the money in the market.
Also none of my business, but I will do the same thing as dmalaquias.
Yes, likely not the smartest financial decision but I'm hard wired now not to carry a lot of debt (plus the stock being sold though is not a mover). My close friend has a wealth management firm and is always talking about how cheap money is to borrow and thus I should never use my own but when I first started out in life, living paycheck to paycheck, I ended up getting myself in a bit of trouble. Once even with the world, I swore to never put myself in that position again. I found the trick is to make more moneyAlso none of my business, but I will do the same thing as dmalaquias.
I don't know his reason, but mine is that I don't carry any debt other than my mortgage. Too conservative? Probably. But the way I was raised, you don't buy things you can't afford to pay off right away other than your house. If you want it that badly, set up an escrow account and put money in it until you can buy what you want in cash (delayed gratification)
When we were first married, my wife and I didn't buy a piece of furniture for the house until we could pay for the furniture in full. We had a lot of empty rooms in our first house for a while, but we never had any credit card or store debt. Never financed a car, always paid cash. Doesn't mean I don't use credit cards, I just pay them off every month.
I know, totally un-American
. Now as I'm nearing retirement, I borrow money on a short-term basis to bridge a gap, etc. like buying a car before I sell an old one that I own outright but don't like the idea of a large 5-6 year car loan. Just me (and maybe tourproto too). ;-)It used to be the American way. Everyone is to caught up keeping up with the jones to live within their means. Plus add in nothing is really built to last anymore.Also none of my business, but I will do the same thing as dmalaquias.
I don't know his reason, but mine is that I don't carry any debt other than my mortgage. Too conservative? Probably. But the way I was raised, you don't buy things you can't afford to pay off right away other than your house. If you want it that badly, set up an escrow account and put money in it until you can buy what you want in cash (delayed gratification)
When we were first married, my wife and I didn't buy a piece of furniture for the house until we could pay for the furniture in full. We had a lot of empty rooms in our first house for a while, but we never had any credit card or store debt. Never financed a car, always paid cash. Doesn't mean I don't use credit cards, I just pay them off every month.
I know, totally un-American
