Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 16 days ago, 12/07/2024
Buying new car cash vs financing
Is it best to finance a 2023 Honda $38,000 or pay cash?
If financing, is it better to get a bank loan or finance at the dealership?
Background
Car is not for me but mid twenties daughter who I partner with to buy real estate. I quit my job 2022, live off rental income and we house hack a large 3 level house with rents totally covering mortgage.
She has excellent credit and six figure yearly income. Only mortgages as debts which are covered by rents.
P.s. I'm supporting the new car decision. You have to enjoy and reward yourself sometimes. Not always about frugality.