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Old 01-27-2012, 10:20 AM
palermo22 palermo22 is offline
Registered User
Location: California Central Coast
Join Date: Jan 2012
Posts: 83
Mein Auto: Lexus IS 250
Originally Posted by 3ismagic# View Post
Right now BMW is offering 0.9% financing. That is as near to free money as you'll get. At that price I'd rather keep my $40-50k liquid for more useful purposes like buying all of the awesome apple stock TSoc is hyping in another thread.
With all of the arguments I have provided about debt - I would be eligible for this rate and would seriously consider it. What I would do is throw $40K into my USAA tax free bond account (which is eraning an effective rate of 3%) and then use the funds from there to make payments --- if it really is a 0.9% loan. But first things first: I have to make sure this is the car we want (my wife has a say in this) - or I am back looking at other cars.