Quote:
Originally Posted by ajc209
YOu guys are lucky to get 1.99% loans. THe best We have here in the uk is about 6% on loans over £7500. The best saving are 4.2% TAX Free. So unless I take a gamble on the stock market, the lowest cost option for me is to buy the car outright with no loan. The second best option is to take equity out of the house (if you have it) and take advantage of the low morgage interest rates.
So i'm buying my £27,345 GT 86 outright. Sound crazy to you guys I bet.
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It doesn't sound crazy except that £27,345 is a lot of money to have available to buy the car. That's good for you.