Quote:
Originally Posted by LMBmikeZ
Line of credit?
if you have one large enough it is definitely the way to buy anything that is large and not done with cash/debit. Nothing seems to come close to interest% when I shop around, so everything goes on line of credit.......
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I saw a Nissan 0% financing deal.. the flashed a 370 roadster at the end but I doubt it'll apply.
HELOC's are not bad option since they are low but then again you're just adding to a mortgage.
my LOC is 0.63% less than my financing rate... weird thing is even with preferred financing they offered me 5.5.... then when I went to dealer they offered 4.98 over 4 year term.
I questioned saying my LOC is 4.5(at the time of purchase)... can't even do that? da fuq atleast it's sorta secured by a depreciating asset.
goodluck though... shop around that's for sure.