Quote:
Originally Posted by Burrcold
I agree completely. I have the exact debates with my mother-in-law all the time (she purchased a Hyundai Santa Fe for cash, because she didn't want the "debt looming over her head" as she's going into retirement. My argument was that they were offering 0% financing for 4 years at the time. Why you wouldn't take advantage of a free loan is beyond me.
|
Wow... she's going into retirement? That is the worst time to dump that much cash into something that's losing value...