Buy cash or finance?

mando_2

We are going to be buying a car soon and looking to spend up to £5000. We were going to pay by cash, but we wondering whether we should buy it on finance, as hubby seems to think there might be a good reason to do this, but can't think what it is! What is your opinion? Cash or finance?

highguyuk

If you want to pay inflated interest rates on finance then go for it

If you have the cash, I would say pay with cash!

mando_2

I agree, paying by finance would mean we pay more, but Hubby for some reason is convinced that there is a good reason to pay by finance but doesn't know why. I thought I would check out other peoples opinions and confirm that I'm right on the cash bit before we take the plunge.

cheers.

Took_Me_Away

Unless of course you can get 0%.... then there is plenty to be gained by that.