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myusernamechosen t1_j6otev7 wrote

I would just buy it cash in your position, and did. Interest rates just aren't good enough to justify keeping the money invested right now. Just buy the truck cash and be happy. Just don't tell the dealership that until you are done negotiating. They make money on loans and you'll get a worse deal if they know they aren't getting that money up front.

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Baraba83 OP t1_j6otoj5 wrote

Thank you. Yes, been reading up on that. What about straight cash vs financing and paying off in 30-90 days?

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myusernamechosen t1_j6ouox4 wrote

What's the benefit of the 90 days? You pay some amount of interest for what value? One time when buying a car there was a $500 incentive if you financed through the manufacturer. So I did and paid of the load within the first week. I made sure there was no clause in the loan that prevented me from doing so.

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Baraba83 OP t1_j6ouxfv wrote

Exactly that...if there are some clauses that would call for that. The other reason is...juuuust in case the car falls apart 😂

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