Why You Should Pay in Full for a Vehicle and Avoid Auto Financing
You won’t make the cardealer happy, but you’ll be happier and wealthier if you forgo the auto loan and the extended warranty dealers are always pushing. Maybe you won’t be able to afford the shiny new car of your dreams. But if you buy a used vehicle with the money you’ve saved, you’ll be able to afford much more down the road. You won’t have a payment coupon book to worry about, or the debt that goes along with it.
Tips on Buying a Car with Cash
Car dealers will try and entice you to finance
"See how much more car you can buy! The payments are so low!" Sure the payments are low. Just figure how many years you’ll be paying interest plus principal on that vehicle.
Comparison shop before you enter the dealership
First, determine the make, model and year of the car you’re i...
