Quote:
Originally Posted by Davey
You do not save money putting money down when there is no finance charge. There is no finance charge at 0% APR.
You can pay the $5000 now, or you can pay the $5000 over the course of 60 months. You get to keep the remainder of the $5000 until it is due. And it costs you *nothing*. A dollar? Are you serious? It costs NOTHING.
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x2 on this. Save the money from your down payment and invest it, or put it in savings. Even at 0.05% return on that money you'll still come out ahead in the long run.