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re: Car Buying with Cash

Posted on 7/9/23 at 2:57 pm to
Posted by Odysseus32
Member since Dec 2009
7839 posts
Posted on 7/9/23 at 2:57 pm to
(no message)
This post was edited on 3/14/24 at 10:41 am
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2980 posts
Posted on 7/9/23 at 3:18 pm to
Don't buy new and pay cash with a $12k discount off new.
Posted by LSUtoBOOT
Member since Aug 2012
13425 posts
Posted on 7/10/23 at 7:20 am to
quote:

Let's say a 4.5% Interest rate vs 8% return in market. You're money is 3.5% better off chilling in a fund.

I remember in the early 90’s investment folks saying that the average rate of return in the stock market was 8%, but they don’t say that anymore.
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