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[quote=Anonymous][quote=Anonymous]I don't get it, why pay cash? Our money has been giving us 12% returns in the stock market. I'm sure this whole thing is going to collapse soon, but whenever a stock has done well, we have cashed out, stashed away the profits and reinvested our initial investment.

One stock in particular that I was watching closely, I sold when it doubled, that took about 8 months.  Quickly turns a car I would have spend 35K cash on into 35K of profits.
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Because your 12% is high-risk investing. If you can consistently get 12% returns, you should quit your job, and start being a fund manager -- that outperforms the majority of fund managers on Wall Street.

Your point is well-taken though -- if you have the cash, and can get a 0% loan, it's better to take the loan. That's what we did on our last car purchase. 0% financed by GM (Ally Bank) and we put the money in an FDIC-insured account at 0.85% interest. Yes it's not a big payoff, but it's also risk-free.

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