Cash Vs. Finance
I'm planning to buy a new RV in March. Yes, I know they depreciate like crazy, but I've window shopped the used market and I don't see any that's what I want at a reasonable price and I don't want to...
Forum Discussion
monkey44 wrote:
If you are uncomfortable with dealer having your money - pay an attorney a few hundred bucks to do your transaction. He will make sure you have title and title is legal and all fees are up front in writing so you know. Worth it ... Attorney releases funds to dealer and title to you once you are satisfied with PDI and get the keys.
I ditto this one too.
Also on a loan there are many traps I.E. the "rule of 78"
The Rule of 78 requires the borrower to pay a greater portion of interest in the earlier part of a loan cycle, which decreases the potential savings for the borrower in paying off their loan.
There are others.
Cash is king
JimR
