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Old 04-22-2015, 06:20 PM   #24 (permalink)
Davey
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Quote:
Originally Posted by birdman71 View Post
But if you do not put the 5k down on the car while getting 0% apr his monthly payment will be much higher since there is more car to pay for over the course of the term of the loan.
So let me get this straight...

You want to give them money now, so you don't have to give them the same amount of money much, much later...

My friend, this strategy is a bad one. Trust me. The math does not work out.

Even if you just let that money sit in your account and pay the extra $whatever a month using it, it's still a better idea to keep the money.
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