Originally Posted by LarThaL
Actually, this is a great time to be piling up debt that you can afford. By that I mean that borrowing money is so cheap and the stock market has been doing quite well for the past year and a half. I financed $50k of my M3 purchase at 1.9%. Total finance charge was about $1000. I took that $50k and invested it. Today, 21 months later, the value of that money is $64k. Should have financed more!!!!
When money is practically free don't use your cash, use other people's money. Just make sure you have an exit strategy. You can borrow money from PenFed right now at 1.49% for 5 years on a car loan with no finance charge. That is practically free!