Quote:
Originally Posted by MMC Racing
With today's low interest rates (although he is so young he might not qualify), no money down is a great option. I'll pay that 1.49-1.99% all day long on a car note so I can invest the cash at 10%+ (32% in 2013).
Debt is not scary or a bad thing. Success is determined in how you leverage it.
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This only works if you have the cash on hand, and the discipline to invest it and not spend it. If you're paying <3%, by all means. Over that,paying down the note is a better plan.