Why Is Car Finance Cheaper Than Cash?

Is it better to buy a car with cash or finance?

Why Is Car Finance Cheaper Than Cash?

Most people think buying a car with cash is better than financing, simply because you don’t have to pay interest.

Generally, if the interest rate you earn on your savings is lower than the after-tax cost of borrowing, paying cash is the way to go.

However, you don’t have as many options when you pay with cash.

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