DeTomaso Mailing List: May 98, Message #232

This may be the stupidest question ever but...

I've always thought that if I wanted a car like a Pantera, two decades old,
third or fourth hand that i had to pay cash...So i've been waiting to acrue
$20K cash.  Now don't laugh, in my business I often get checks for $5K or
more and sometimes I do have periods where $20K cash is a pretty doable
thing.

But..I keep hearing people say "I got the financing together" or "I would
have bought it but I didn't have the financing together"

So heres the stupid question...do I really need $20K+ in an alligator-skin
attache case to buy a Pantera?  What sort of insitution finances such an
animal?  What are the terms or do the terms make the cash option more
attractive?  And I don't own a house so I couldn't squeeze cash out of
one...the only place to squeeze cash is me (and no on better try it..unless
yer really cute)-Ted
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