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Reply to "What is the limit for what you should put down on a vehicle?"
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[quote=Anonymous][quote=Anonymous]There is no limit. Why do you want to pay 7-8 percent interest if you have cash?[/quote] This 1000%!! As long as you have a Fully funded EF, pay cash for the car (or put as much as you feel comfortable down). Cash is only getting you 4% now, you owe taxes on that, so why take a loan for 7-8%? [/quote]
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