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re: I can’t help but think a lot of people driving newer cars with upside down loans

Posted on 5/9/24 at 6:49 am to
Posted by VetteGuy
Member since Feb 2008
28696 posts
Posted on 5/9/24 at 6:49 am to
Or, finance for 2.9 with nothing down, let your cash earn 5.5.

Depends on the vehicle and what rate you can get. Sometimes it makes better sense to pay cash, and be done with it.



Posted by bad93ex
Walnut Cove
Member since Sep 2018
27632 posts
Posted on 5/9/24 at 7:04 am to
quote:

let your cash earn 5.5.


Who is offering 5.5% for cash savings? Serious question, looking into a high-yield account to store vacation funds, down payments and shite like that
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