Lee Iacocca on Borrow Money, Pay it Back

Lee Iacocca Money Quotation saying suggesting that others don’t repay their debts, Iacocca states the obvious about how to borrow money responsibly. Lee Iacocca said:
 

 

“We at Chrysler borrow money the old-fashioned way. We pay it back” — Lee Iacocca

 
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Lee Iacocca: Economy over Frugality

Lee Iacocca money quotation suggests that he believed consumers may be penny wise but pound foolish when it comes to what they want from their cars.

People want economy and they will pay any price to get it

— Lee Iacocca