Quote:
Originally Posted by ineedae46m3
Not true. If you finance at a low rate, it's like free money, better to put money into something that will make money. Especially on the M2. With the used car values this good, you will never really be upside down on the loan. Also you can always pay the car off at any time without pentalty, so it's really Personal preference.
|
I agree that rates are low, but your duration argument falls apart when you look down the curve and see 1.49% for 3 years -- THAT is borrowing for nearly nothing.