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Dec 1, 2015
9:53:06pm
garyfan Starter
One downside of borrowing is the temptation to buy a more expensive car than you
can afford. But that's really an issue of spending discipline, not an issue of how you choose to pay for the purchase, per se. Once you decide on a reasonable car purchase (whatever "reasonable" means to you), each payment method (cash vs. financing) has both pros and cons.

Often those who are so adamant about avoiding car payments are the ones who could most benefit from the added liquidity that comes from financing the purchase.
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Originally posted on Dec 1, 2015 at 9:53:06pm
Message modified by garyfan on Dec 1, 2015 at 9:56:01pm
garyfan
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garyfan
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