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Money and Finances
Reply to "Example of how not to borrow for a car"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Um how is this stupid? I'm looking for a car and can get 0%, why wouldn't I put down as little as possible?[/quote] How are you able to get 0%?[/quote] np. I bought my toyota highlander last year at 0% interest rate. Toyota financing was running a special and I had good credit. I also put my down payment on my amex so I could get the membership reward points.[/quote] Another NP here. I bought a 2015 Mazda earlier this month at 0% interest and put $8k down (also used my AmEx for rewards points! But my dealer said they had a $5k max on credit cards, so I did that and a $3k check). Financed nearly $20k. It's a 5 year loan. [/quote] This also sounds good. Will have to watch for 0% deals.[/quote]
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