Quote:
Originally Posted by silverlegacy
This... invest the 25k in something to get some return... even if it is a crappy CD. Then pay off the car over time. Unless you get a cheap car, or one you can't get a loan on, never pay full cash for a vehicle if you care about being smart with your money.
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Question: Why would you borrow $25,000 at 2.9% so that you can buy a CD at 1.25%? If your answer is liquidity, I can understand. If you are saying you're getting ahead by borrowing at a higher rate than the rate of return you can get on your cash, I'm interested in hearing the logic...