Quote:
Originally Posted by dAvenue
It does not protect you from inflation. The bank "eating" it does not make much sense at all because it begs the question "why are they even in the business of loaning money?" if all they do is take losses. If you mean the principle of which you financed is locked-in and will never go up, that is true only on a 0% interest loan. Good luck finding one of them for a Z!
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If you can finance even at 1-2% on principal on a 370Z (lots of CU's will do 1.9 from what I hear), then you will still save money at the current inflation rate. Auto loans are fixed, interest on principal.