Some automobile dealerships offer “0% interest” loans. You’d be making a profit if you could get one of those and stash your cash in a “1% interest rate” savings account at an online bank, for instance. (picture: iStockphoto)
A couple of years ago, I stepped into an automobile dealership to purchase my very first car that is new. I stored sufficient money to pay for cash that is full.
A couple of hours later on, we strolled from the dealership having a motor auto loan. Many people might phone me personally crazy, but i believe we made an intelligent economic choice.