[central_va]

Borrowing money at 0% for 48months is not debt. It is smart.

[editor-surveyor]

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Debt in today’s world is a foolish trap.
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[LouAvul]

You lose your negotiating power with dealer financing. They won’t come down on the price. And if you finance with a conventional lending institution, you’re not going to get 0%.

[Bubba_Leroy]

Borrowing money at 0% for 48 months is not debt.

Usually when a car dealer offers 0% financing they also offer an option to get a cash rebate instead. Foregoing the rebate is the same as paying interest upfront.

For example, on a $30K car they may offer 0% interest or a $3K cash rebate. If you take the 0% interest for 48 months, your payments will be $625/month. If you take the cash rebate and finance the car at 5% your payments will be $622/month.

So they are really charging you interest, they are just hiding it.