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ExactlyWith inflation at 5.4% and rates in the 2-3% range for 5 years you lose money paying cash.
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ExactlyWith inflation at 5.4% and rates in the 2-3% range for 5 years you lose money paying cash.
Not if you took the 2-3% extra you'd pay in interest and invested it (assuming the market doesn't crashWith inflation at 5.4% and rates in the 2-3% range for 5 years you lose money paying cash.
Not if you took the 2-3% extra you'd pay in interest and invested it (assuming the market doesn't crash).
We do the same thing as long as the rates are pretty close. Finance for 5 or 6, payoff early.but I like having the lower payment to fall back on. Plan to do the same with the bronco
PenFed have 1.99 for up to 60 mosAnyone have any insight on the best finance options right now?
One caveat, you have to live another 100 yearsIf you start saving $1 a day by the time Ford builds you a Bronco, you will be able to pay cash.