>>You are an engineer, so I will assume that you ran the numbers, but 0% car loans where you forego a large rebate are not truly 0% (there is an inplied rate of interest resulting from the opportunity cost of foregoing the rebate) and are not even necessarily better deals than taking the rebate and financing elsewhere.Yup, I was checking numbers on the other vehicles we looked at. At the time a rebate was not offered as an alternative for the one we bought. Don't forget another cost of the low financing instead of taking a rebate: The payoff is higher if the vehicle is totaled. That's more difficult to quantify since taking the rebate with a higher monthly payment (if it is higher) is similar to buying insurance so you won't have to pay more than its worth. To me having the principal be a few thousand dollars less during the high depreciation years is worth a few dollars a month to me.-Joe
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