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Originally Posted by pi22adough
Quote:
Originally Posted by Stash21
14% is a massive apr. whilst tying up cash you would be much better off using savings.
A car is less liquid, but the difference is cost would be worth it at this level if finance.
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The best I got so far was from Oracle it is around 10%
My M3 was paid for to and lost about 10k in two years but I love the fact that I'm just putting petrol in it. |
10% is still large. Over 3 years you would be looking at around 12k in finance costs. For me I would use savings. The interest rate would need to be 5% to be worth considering given the large sum involved.