If you can invest with something that can beat the car's interest rate, then should just pay minimum down payment and use the rest of the money for investment..
Should We Buy Car With Cash?
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 Sep 17 2011, 01:48 PM
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Sep 17 2011, 02:18 PM
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QUOTE(cherroy @ Sep 17 2011, 02:14 PM) A 3% car loan, is never a "3%" net interest you are paying. exactly. 3% car loan is equivalent to about 5.9% compounded interest rate..It is much higher than 3%. Added on September 17, 2011, 2:15 pm You don't get 2% out of it. Car loan math is not like that.  |
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