To finance or pay cash for a 370Z

Originally Posted by areyouin729 this is pretty basic question if you ask me if you have $30-40k laying around and dont need it why finance? doesn't make sense really Indeed.

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To finance or pay cash for a 370Z

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01-21-2010, 12:25 PM

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m4a1mustang

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Quote:

Originally Posted by areyouin729

this is pretty basic question if you ask me

if you have $30-40k laying around and dont need it why finance? doesn't make sense really

Indeed. But don't deplete all of your cash (I know you said it already -- I'm just reiterating). You want to make sure you leave enough behind to fund at least 6 months of expenses.

If you only have $40k in cash and are looking to buy a $40k car, I wouldn't pay all cash for it. I'd make a sizable down payment and finance the remainder with a short-term loan.

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Last edited by m4a1mustang; 01-21-2010 at 12:28 PM.

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