About to purchase- Finance questions
Hey all, I have a downpayment on a new travel trailer and just sold my pop up last night. Thursday I will go to sign papers. They were touting 4.99% finance rates until I got the deal. Then it ju...
Forum Discussion
RoyBell wrote:wing_zealot wrote:oakbowery wrote:What are my shoes? You know nothing about me or my shoes. You choose cash, I'm happy for you. Using my money would be a stupid decision for me when I can use other peoples money for 4.45% while mine earns 7.66%.
A few years ago I would have been in your shoes about financing ....
This.
It wasn't clear....I was referring to the OP with the "your shoes" comment. Didn't mean to offend anyone, just giving my experience with having to deal with payments as opposed to no payments. In my opinion the item your 4.45% vs 7.66% doesn't factor in is the piece of mind of not having a payment each month. I'm sure you're math is accurate, but for me personally, I like not having to worry about next months payment.
