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Thread: Depreciation
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Old 07-09-2019, 06:53 AM
Autoputzer Autoputzer is online now
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Location: NW Floriduh
Join Date: Mar 2014
Posts: 9,927
Mein Auto: 2014 535i + 2018 X3 30i
I'm philosophically opposed to car loans, except for one's first appliance car. But with the $500 credit for financing and 1.9% interest rate, even I financed our most recent BMW. I bought a 2.3% CD with the "car money."

I actually put the remaining cost of the car, about 10%, on my BMW FS Visa card, earning 4% rebates. So, like in the VW commercials, I did a "sign and drive." The BMW FS Visa card rewards description says 4% rebates at "BMW Centers." But, down in the fine print it says you get that at any car dealership. I get a special price on GM cars. So, my beaters are always GM cars bought new. I'm due for a new one next spring. I'm going to put a lot of it on my BMW FS Visa, too.
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