05-31-2023, 08:30 AM | #23 | |
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I just think from financial perspective cash is the cheapest option. After tax return on cash yield of 5% is closer to 3.25% (at least for me). So it’s not like a great deal. When interest is 6% |
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05-31-2023, 09:11 AM | #26 |
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Yeah it’s all about perspective. Example if I was thinking about cash, which for my build after taxes would be 101k with the Pedfed loan I would paid 8k in interest through out the life the of the loan. However I can invest that 100k in apple stocks for, where as just in March the price per share was about 150. Now it’s at 175. That’s about a 17% return in just 2 months not to mention the dividends you will receive. So the argument would take the loan and invest the money. The main reason why my wife wouldn’t allow me to buy it cash.
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05-31-2023, 10:18 AM | #27 | |
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I am gonna keep looking around. I am ok with maybe doing finance on half the car at like 5%. Hate loans…. Lol. But I hear you. Looks like PenFed 5.34% for 60 months now |
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05-31-2023, 10:19 AM | #28 | |
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05-31-2023, 11:25 AM | #29 | |
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05-31-2023, 11:48 AM | #30 | |
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