What card would you arrange financing to buy?

[Bestdj777]

I wouldn’t buy anything that required a payment plan—I collect for fun but have huge responsibilities as a parent/spouse and wouldn’t jeopardize my family for cardboard. I did try to buy a card I couldn’t really afford at the time with the thought that I could sell something really liquid (52 Topps Mantle) after to pay back my savings account after. Ended up losing the auction and doubt that card will ever see the marketplace again in my lifetime. But such is life.

[raulus]

Originally Posted by Bestdj777

I wouldn’t buy anything that required a payment plan—I collect for fun but have huge responsibilities as a parent/spouse and wouldn’t jeopardize my family for cardboard. I did try to buy a card I couldn’t really afford at the time with the thought that I could sell something really liquid (52 Topps Mantle) after to pay back my savings account after. Ended up losing the auction and doubt that card will ever see the marketplace again in my lifetime. But such is life.

Chris - Any chance you would be willing to share with us the card that you missed out on? Just so we can join you in wishing that you had landed it?

[iwantitiwinit]

Never would I borrow money to buy cardboard. If I can't live in it or drive it I wouldn't borrow anything.

[Sean]

T206 Plank took me two years to pay off. The Cobb back took me almost as long, as well as the sale of 90% of my set (but I kept the best 10%). And looking back I wouldn't do anything differently. They're the best cards that I own and if I had to cut back on my spending on cards for a couple years, it was worth it.



I suppose that this also explains why I drove a 1996 Honda Civic for 18 years (348K miles).

[Steve D]

Around 20 or so years ago, a PSA 1-2 T206 Plank was on ebay. I went to my credit union and got a loan for $16K for it.

I ended up the under-bidder at $16,100; it went for $16,200, and I paid the loan money back to the credit union.

I suppose I would do it again, if the cost of the loan (principal + interest) made sense compared to the value of the item I was buying.

Steve