Quote:
Originally Posted by Desert Rat
Save and pay cash.
No car payments ever again.
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Not necessarily. If your interest rate is less than what you would get by investing the lump sum into something conservative, use the dealer's money.
Quote:
Originally Posted by cooltoy
Take advantage of 0% interest for a year credit card offers. Transfer some of the debt there to lower interest paid. Then cancel the credit card in a year.
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You might be better served by keeping the card open and using it responsibly. Closing the card can ding your credit, especially if you've had it for a while.