I'm saying that in my worst year I made 4%. And $20 over a 60 month loan is only $1200.
If I saved up enough to by a car, I'm going to stick it in investments, and finance the car. Because I will always be able to make 2% more by using the money in investments instead throwing it at a lump sum payment.
I understand if you are not a fan of debt. I've paid things off early, because I didn't like having the debt. But you are wrong about it never saving money (or earning).
This post was edited on 2/8 at 3:31 pm