Four Reasons Why You Should Never, Ever Finance A New Car

GunRanger

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So lets say i have 30,000 dollars. I CAN buy a new car lets say $27,000 car straight cash. But some people are saying it makes sense to actually still finance it (if the interest rate is reasonable) because I can use that cash to build more wealth potentially doing some other investment in the meantime instead of throwing it all away at once? Just pay the monthly payments and have more disposable income during the lifetime of the loan? Am I getting this right? @LordTaskForce
Yes, especially when you're credit is bad, and you need to build it.
 
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