New Truck Buy or Lease?
I'm still looking at new trucks (first time in 17yrs), and wondered if leasing would be a good option or not. I went and drove the Ram, and next will try the Ford, and Chevy. I do kind of favor the Cu...
Forum Discussion
Jayco-noslide wrote:I love these one size fits all answers. That allows me to borrow other peoples money at 4.5% while keeping my money invested at 9.5%.
The 3rd and best option to leasing or buying (with a loan) is to buy and pay cash. No monthly payments, no interest. It benefits in ways you don't anticipate until you do it. Start by buying only what you can pay for up front, then save every month toward next vehicle. Don't listen to the financial people who will tell you borrowing is not only OK but that it's a good thing. Wrong except maybe for a home. See Dave Ramsey for more.
