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Reply to "Example of how not to borrow for a car"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So is it stupid to buy the car in cash if you have the cash?[/quote] No. Most DCUMers just live to pay bills.[/quote] My fixed expenses are all on auto-pay. I literally don't event think about my car payment. It took 10 minutes to set up. Meanwhile, my money earns more in the market than the interest rate on my car loan. Explain to me what doesn't make sense about this?[/quote]
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