Originally Posted by gatorfast
Interest rates nowadays can be had in the 1.49% range. Hardly impactful on overall spending. IMO its more foolish to pay cash when financing can be had at such low rates.
+ 1. Why wouldn't you take the max loan term on a 1.9 apr ? Foolish to say cars should be paid off in 3 years. I buy and sell cars all the time lil 1-2 a year and I always use the banks money. Interest rates are great. Ill keep my money in the bank