I'd probably do the 0%, hate it, and pay it off 3 months later.

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Sep 9, 2019
4:38:37pm

Colorado All-American

I'd probably do the 0%, hate it, and pay it off 3 months later.

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Colorado

Previous username: cu-coug
Bio page: Colorado
Joined: Mar 3, 2011
Last login: May 3, 2024
Total posts: 15,780 (259 FO)

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Messages

Author

Time

POLL: You're buying a $30,000-$50,000 car. You have this amount saved up to pay it in cash. Your dealer is offering 0% financing. You also have a 2.5% savings account rate.

mulletino vergüenza ajena

9/9/19 4:37pm

Take the extra cash incentive, pay the higher interest

Plato

9/9/19 4:38pm

*BUZZER SOUND* Not an option in this poll. Next?

mulletino

9/9/19 4:40pm

No such thing as 0% interest, sorry

Plato

9/9/19 4:41pm

You're taking this too seriously. It's a dumb poll. Just answer the bloody question.

mulletino

9/9/19 4:43pm

I personally would take any low interest rate so that I could blow the cash on

Plato

9/9/19 4:51pm

I'd probably do the 0%, hate it, and pay it off 3 months later.

Colorado

9/9/19 4:38pm

If you are the kind of guy who doesn't like paying low interest rates,

Plato

9/9/19 4:53pm

yeah, I don’t plan to ever buy a new car either

Colorado

9/9/19 5:09pm

Dave Ramsey - #3 and if you didn't buy your home in cash you're a bad person.

9/9/19 4:41pm

Correct. Pay for everything in cash and put the rest of your millions in all the

Twin Roots

9/9/19 4:43pm

I never heard him say that. He just says pay off your house faster than required

Brisco

9/9/19 4:53pm

No way am I buying in cash. Even without 0% financing. You can very easily beat car loan interest rates

9/9/19 4:50pm

Just curious where a 2.5% interest rate is - 2.0% was the highest I could find

crack

9/9/19 4:51pm

Best rates listed here

Plato

9/9/19 4:56pm

If you are getting 0% financing you aren’t getting the best deal from the dealer

kotacoug

9/9/19 4:55pm

This is not correct.

Plato

9/9/19 4:57pm

0% financing usually comes from the manufacturer, not the dealer.

garyfan

9/9/19 5:26pm

Doesn’t matter. If you are using the 0% you are not getting their best deal.

kotacoug

9/9/19 6:16pm

When they offer 0% they never let you take advantage of other cash incentives

KSwiss

9/9/19 6:44pm

That’s a different issue. It’s true that the manufacturer will only let you take

garyfan

9/9/19 7:15pm

Talking financing before finding out how much the dealer will go down usually

KSwiss

9/9/19 7:20pm

Who said anything about doing anything other than settling on the purchase price

garyfan

9/9/19 7:50pm

Whatever dude. You’re always involved on post strings where you

KSwiss

9/9/19 8:47pm

Weird reaction to a normal conversation.

garyfan

9/9/19 9:37pm

The correct answer is you haggle with the sales person to get you the value

kimdaddy35

9/9/19 6:06pm

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