Mash42

This is an old thread but I came by it today and noticed the discussion around cash and borrowing. And I'd like to make 2 points. 1. The loan is less than my personal safety net account. But I wouldn't pay from there, it's sacred. It makes me a free man. 2. Over 5 years I pay the bank ~11% total while my worst expected investment performance over that period is in the range of ~25% Finances aren't black and white. Do your math and do what you are confident of.

That was Ford. They also had 0% interest promotion on Ford Ranger so I guess they just wanna sell. I think so yeah. I checked bank interest and it "starts from" 3%.

Dealerships usually have a cash discount so I figured that if banks offer the same rates (haven't checked yet) I could just take a loan and pay cash to get that discount. Does that work? The dealerships gave me offers ranging from 1-2.5% interest.