Forum Discussion
Bedlam
Oct 07, 2014Moderator
I completely agree with what you did at that discounted rate. When we bought our VW, they offered 1.9% financing with nothing down and the banks were then offering CD's at 4-5%. I milked that 1.9% loan for five years and still came out ahead even after paying taxes on the return. VW did not have a cash discount offer, so this was the best way to bring down the cost of the car.
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