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re: F150 or Ram

Posted on 11/9/20 at 1:55 am to
Posted by tigerbutt
Deep South
Member since Jun 2006
24874 posts
Posted on 11/9/20 at 1:55 am to
quote:

Paid cash and it was significantly less than financing.

So actually you paid more. With 0% interest financing you could have made money with your cash so you actually paid more for your truck you idiot.

quote:

I could put it on the market now and get my money back plus much more.

Jesus Christ. It should be mandatory that every citizen should have to take a finance course and one on taxes.
Posted by greenhead11
Member since Feb 2012
938 posts
Posted on 11/9/20 at 2:35 am to
To be fair, with 0% interest you end up losing dealer rebates so the price is higher.
Posted by lsupride87
Member since Dec 2007
99676 posts
Posted on 11/9/20 at 7:13 am to
quote:

So actually you paid more. With 0% interest financing you could have made money with your cash so you actually paid more for your truck you idiot.
You could also lose money...


Yall act like this is some slam dunk reasoning

1. You will pay about 5-10 grand less if you do cash v financing even at 0%.

2. Over 3-5 years (the life of the financing), there is zero guarantee at all you make money in the market in that short amount of time. An even if you do, you need to guarantee 5-10% return or so just to break even with the cash guy
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