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 Should We Buy Car With Cash?

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SUSPink Spider
post Jul 27 2015, 02:30 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


Wow. So exciting here laugh.gif

Put 100K in FD. and the car loan will pay itself. magic! rclxms.gif
SUSPink Spider
post Jul 28 2015, 03:04 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


QUOTE(BboyDora @ Jul 28 2015, 12:34 PM)
If got money to buy by cash... why not?
why want to pay the interest to the bank?
*
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.

 

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