Put 100K in FD. and the car loan will pay itself. magic!
Should We Buy Car With Cash?
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 Jul 27 2015, 02:30 PM
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#1
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Senior Member
16,872 posts Joined: Jun 2011  
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Wow. So exciting here
Put 100K in FD. and the car loan will pay itself. magic! |
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Jul 28 2015, 03:04 PM
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#2
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(BboyDora @ Jul 28 2015, 12:34 PM) If got money to buy by cash... why not? If u can invest the cash to get higher returns than the car loan EFFECTIVE INTEREST RATE, u don't buy with cash, u invest.why want to pay the interest to the bank?  |
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