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Reply to "Tips on buying a new car with cash"
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[quote=Anonymous]We tried to buy our car with cash in 2011, but we wound up getting a better price if we financed it at 0.5 percent for five years, because Honda gave the dealership an incentive for signing the loan. Even accounting for the interest we paid, it was still cheaper that way. That rate was part of an attempt by the dealers to clear out 2010 models in early 2011, but since it's now late December, might be worth looking at whether you can do something similar next month.[/quote]
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