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Started By
Message
re: Financing a new Tesla vehicle
Posted on 6/13/22 at 2:30 pm to sawtooth
Posted on 6/13/22 at 2:30 pm to sawtooth
quote:
Such a terrible idea to stay out of debt. I know. Keep paying that interest bud. The banks appreciate it.
This doesn’t strike you as simple minded?
The issue is not debt v no debt. It is, could I earn more in interest than I am in paying in interest. The market is obviously down now so buying opportunities are abundant. Do you really want to miss out on some potential gains simply so you can avoid 2-3% interest over a few years?
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