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TopicWhat was your biggest buy you made so far?
streamofthesky
09/13/19 8:23:30 PM
#23:


My last car. Cost about $18,000 after taxes. I wanted to pay for it all up front, but the biggest discount was tied to using the dealer's stupid financial services dept. to take out a loan on it (apparently now, car dealerships are more like mini-banks, and make most of their money on loan interest). I asked, "what's the most I'm allowed to pay up front and still get the deal?" and cut a check for $10,000. Then paid the rest off the first month a payment was due. Paid like $40 in interest for $1000 off on the car. Worth it.
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