Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "What is your car payment?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Ok, am I the only one who thinks it just plain stupid to pay cash for a car if you can get 0% financing? Why loose the opportunity for you money to earn even a tiny bit of interest ? I'm not saying don't have the cast in reserve, but why not take advantage? [/quote] I agree with you. I think the adamant advice to only buy cars in cash is outdated, from a time when car loans were offered at 5+%, and the advice is geared towards people who otherwise are buying more than they really can afford anyway. With 20k in cash, buying a car is not the best use of that money. I earn a higher return in my retirement account and even basic savings earns you 0.5% which is more than the nothing you're being charged by the dealership with their financing. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
