Car Finance vs Cash

DrEskimo

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

burlingtonfl6

DrEskimo said:

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

Cash, as in notes, is not king.

Grumpy_chap

burlingtonfl6 said:

DrEskimo said:

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

Cash, as in notes, is not king.

No one actually means "cash as notes" when referring to "Cash is King "
Sadly, the perversions of latest finance structures really mean cash is no longer King, where it really should be.

burlingtonfl6

Grumpy_chap said:

burlingtonfl6 said:

DrEskimo said:

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

Cash, as in notes, is not king.

No one actually means "cash as notes" when referring to "Cash is King "
Sadly, the perversions of latest finance structures really mean cash is no longer King, where it really should be.

Yes, people still do. Hear it every week. 

Grumpy_chap

burlingtonfl6 said:

Grumpy_chap said:

burlingtonfl6 said:

DrEskimo said:

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

Cash, as in notes, is not king.

No one actually means "cash as notes" when referring to "Cash is King "
Sadly, the perversions of latest finance structures really mean cash is no longer King, where it really should be.

Yes, people still do. Hear it every week. 

Only amongst drug dealers and gangsters.
Most people, when referring to a cash purchase for a car, really mean bank transfer or debit card.  Most car dealers would not even accept actual cash as notes.

DrEskimo

Grumpy_chap said:

burlingtonfl6 said:

Grumpy_chap said:

burlingtonfl6 said:

DrEskimo said:

burlingtonfl6 said:

Cash costs a business time and money to bank and handle.
Cash is not king!

Well potentially it isn't to get the best price.

But of course if you don't have cash, you can't settle the finance the next day, meaning most of what you save ends up being spent on interest charges.

So I would argue cash is still very much king in terms of getting the lowest total cost of ownership.

Cash, as in notes, is not king.

No one actually means "cash as notes" when referring to "Cash is King "
Sadly, the perversions of latest finance structures really mean cash is no longer King, where it really should be.

Yes, people still do. Hear it every week. 

Only amongst drug dealers and gangsters.
Most people, when referring to a cash purchase for a car, really mean bank transfer or debit card.  Most car dealers would not even accept actual cash as notes.

Indeed...that's what I meant....