$30k out the door on a 2024 civic which includes tax, reg, and fees. I’m approved for 3.9% for 48 months with a $20k down payment but I do have the cash to buy the car outright.
Given that my state tax exempt money market gives me 5% right now, wouldn’t it would make sense to take the loan and possibly put less money down to pocket the interest?
original posted by pfthrowaway556 to r/personalfinance on Thu, 11 Apr 2024 16:02:36 GMT.