Who here took out a Home Equity loan to buy their sportscar?

[Redfish225]

Dis muthafuka time traveled for a Camaro. Damn.

[2020Wellness]

Absolutely terrible financial decision

Spot on. It's a terrible decision from a purely financial standpoint.

[Syko617]

i dont know about taking a loan to buy a car but i know 3 people who did that to start a business and all 3 are wealthy now. 1 has a 458 ferrari as a daily. sometimes after the gym we all go eating to the brazilian steak house and he does get attention by pulling up on the rari

[StallionRx]

I sold my viper to a younger guy a few years back and he gave me multiple bank checks. I asked him, "why so many checks?"

His response: "I just unloaded all my retirement funds to buy the car" He was somewhere in his late 20s.

Car was totalled 3 months later.

[KilaByte]

NSX. I am retired, 5 years ago. I co-founded a software company and it did quite well.

The 488 to is owned by a guy with a similar story. Retired, sold his parts machining company and retired.

The guy with the Huracan I think actually did though. He is an electrician (owns his own company) and also owns multiple rental properties. I am pretty sure he tapped into equity for the car loan.

Scott?