myusernamechosen t1_j6p1baz wrote on January 31, 2023 at 9:55 PM

Reply to comment by Baraba83 in Buy a new-to-me car in cash instead of finance? by Baraba83

A loan doesn’t help with that in any way

myusernamechosen t1_j6ouox4 wrote on January 31, 2023 at 9:14 PM

Reply to comment by Baraba83 in Buy a new-to-me car in cash instead of finance? by Baraba83

What's the benefit of the 90 days? You pay some amount of interest for what value? One time when buying a car there was a $500 incentive if you financed through the manufacturer. So I did and paid of the load within the first week. I made sure there was no clause in the loan that prevented me from doing so.

myusernamechosen t1_j6otev7 wrote on January 31, 2023 at 9:06 PM

Reply to Buy a new-to-me car in cash instead of finance? by Baraba83

I would just buy it cash in your position, and did. Interest rates just aren't good enough to justify keeping the money invested right now. Just buy the truck cash and be happy. Just don't tell the dealership that until you are done negotiating. They make money on loans and you'll get a worse deal if they know they aren't getting that money up front.