So what are your thoughts on purchasing a new vehicle? Do you think financing, paying cash or leasing is better? Not eveyone can pay cash, but is it worth your while to not have a car payment. Some say that you should finance and take some of the money that you were going to put on the balance of the car and put that in a CD so that the money can be earning interest. Some say that you should lease because a car depreciates as soon as you drive it off the lot! Others say that you should finance to build up your credit report. Please give me your feedback on this posting. Your opinions are truly appreciated! Also it keeps others interested in our blogs.
Comments