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Buy cash or finance?
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?
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Comments
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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!0 -
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.0 -
Unless of course you can get 0%.... then there is plenty to be gained by that.0
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