Is it better to buy a car cash, and then pay what you would have on car installments, into your house bond?
Public Comments
- Sure, if you can afford it.
- Get a home equity line of credit and buy the car with that. You can deduct the interest and be a lot more flexible on the payments. If the above does not apply or is not an option, I would put a few grand down and finance the rest. I like to have some cash around for a rainy day.
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