For sure financing a
Posted on: September 6, 2023 at 20:19:10 CT
cooter KC
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new car is the better way to go if they have a super low rate. Really, anything below 2.9% and you are making money and not incurring much risk keeping the money invested vs paying in cash. But I still wouldn't finance without having the cash to pay off the car in savings.
If someone has to finance at 7.9% and up, they cannot afford the car. Buy something cheaper.