How many of u guys finance your cars?

[Bandit02]

In today's economy you should finance a car, hands down, it's much more beneficial to have cash in the bank than a paid off car, several financial advisers have told me that now. My latest car purchase I was going to do cash, after doing the math and low interest rates I would have saved 180 bucks at the end of three years, not even worth it. I'd much rather have money in the bank.

[gd1996]

Got a personal loan once to buy a wrecked 98 z28 back in 2000... paid it off in 6 months. I absolutely hate payments and I'll never do that again.

[cammed goat]

Ouch 72 months???

Yah. I opted for 72 because it's cheaper. If I wanted, like, 5 years, the payments would have been $500/mo IIRC.

[allbaugh_04]

In today's economy you should finance a car, hands down, it's much more beneficial to have cash in the bank than a paid off car, several financial advisers have told me that now. My latest car purchase I was going to do cash, after doing the math and low interest rates I would have saved 180 bucks at the end of three years, not even worth it. I'd much rather have money in the bank.

Not unless you can keep from spending it.

[DrMilhouse]

Yah. I opted for 72 because it's cheaper. If I wanted, like, 5 years, the payments would have been $500/mo IIRC.

Well, at least you'll only be upside down for 5 1/2 years that way.

[cammed goat]

I'm not worried. Once I start making more money, I can pay more.