When buying a new car, should I pay cash for a car, or should I financial my car instead of paying cash?
Whether buy a new car or a used car, let’s look at the financial differences of paying cash vs financing a car purchase, and dive deeper into the pros and cons of buying a car cash vs financing a car purchase.
So why, in most cases, why don’t I pay cash for a car? Why would financing be a better options, especially if we have other investments working for us? Here’s Dan Thompson, financial expert from Wise Money Tools, with more information about paying cash vs financing a new or used car purchase.
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I have been involved in money planning for over 36 years. I started out as a high volume stockbroker. After working with millions of dollars I decided there had to be another way for people to earn money in the sector without all the risky ups and downs that leave you where you started, or worse. After reading a ton of books I came across a book on the Infinite Banking Concept and it completely changed my life and the way I view investments.
Now I focus on building wealth using a tool we developed by leveraging life coverage.
This way we can get:
Double Digit returns
Keep you money safe
Keep your money liquid
Create substantial passive earnings
Leave a legacy for you family
And do it all duty-Free!
I post videos regularly so if you have any questions of comments feel free to electronic mail them to…
dan at wisemoneytools dot com
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