- Joined
- Nov 3, 2016
- Threads
- 27
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- 1,241
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- Location
- Ontario, Canada
- Vehicle(s)
- 2015 Race Red Mustang GT
- Banned
- #91
Normally when getting 0% financing there will be some kind of better deal by paying in cash/upfront.I waited almost 2 years to buy my "stylish look without having to spend the money as if it were a sports car" Mustang and got 0% for 60 months, because another trait of millionaires is using other people's money for free when taking on debt.
The cash incentive is roughly the difference is between the going dealer interest rate and 0%.
You would have saved that amount by buying the car out right cash.
There will always be a dealership cash incentive when the 0% financing is around. That 0% interest rate is costing you more money vs not financing. So technically it's not free.
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