Quote:
Originally Posted by Wormius
Funny, I always thought he was permanently banned, but I guess not.
Anyway, I agree with the sentiment about getting the best bang for your buck. If financing rates are low, go that route; if you can deduct lease paymens from your taxes, you can go that way. Personally, I don't think it would feel particularly great to drain $20+k out of your bank account in one fell-swoop just so you don't have monthly payments. Buy a $20k worth of GIC and you're better off than paying for a car outright if the financing rate is good.
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That seems back-asswards. Saving up to buy something actually feels good. Buying something on credit feels crappy to me.