Buying...before or after winter?
11-01-2007, 10:06 AM
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$30000 at 5% interest rate is about $700.
If you need to finance, this is how much you need to pay in interest plus insurance plus depreciation for have the car sits in your garage.
If you have the cash, $700 is how much you could earn if you put the money in the bank.
Do you think the car will cost $1000 more in the spring?
If you need to finance, this is how much you need to pay in interest plus insurance plus depreciation for have the car sits in your garage.
If you have the cash, $700 is how much you could earn if you put the money in the bank.
Do you think the car will cost $1000 more in the spring?
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