Quote:
Originally Posted by jokergerm
Well with 3% intrest spending cash if stupid in my book. But thats just me
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Here is how I buy cars. I know at some time I will need to replace a car for at least utilitarian purposes or because it is something I just want. This is premised on a 5-7 year occurrence.
I have a continual car payment to "me", that way I don't pay interest, I accrue it. When the timing is right, I source the car and pay in full and then the cycle continues for the next purchase.
-Kevin