SVTP
For the past several years it seems like annually a thread pops up discussing whether to pay cash for a vehicle or finance it.
This usually ends up in a debate with the finance experts calling the cash buyers shortsighted. They always claim they can invest their money and generate higher returns than what they pay in interest.
Curious if that opinion still holds. Inflation is currently eating into the value of what a dollar will buy. Interest rates are rising quickly and the market returns have been poor.
What do the financial experts say now?
For the past several years it seems like annually a thread pops up discussing whether to pay cash for a vehicle or finance it.
This usually ends up in a debate with the finance experts calling the cash buyers shortsighted. They always claim they can invest their money and generate higher returns than what they pay in interest.
Curious if that opinion still holds. Inflation is currently eating into the value of what a dollar will buy. Interest rates are rising quickly and the market returns have been poor.
What do the financial experts say now?