Quote:
Originally Posted by themajesticone
To this point - I completely agree, which is why I was saving for one single payment. I am currently fiscally in good standing, just got converted to full-time so I know I will be at this company for at least 2 years - so I am good there but at the same time, monthly payments is less headache in general you know.
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fully agree there- time value of money alone states that you're getting more for your buck by spreading the cash out over the course of the loan period.
The financing entity knows this, and if it's in-house, they'll pass that benefit on to you in order to book a sale. Scratch your back, you scratch mine kinda thing
