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Originally Posted by cbmeeks
With your finances, why do you go into debt for a car???? Even at 1%, you are paying 1% when you don't have to.
That is not the cost of having a car. You can totally own a great car and not pay any interest. :-)
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I know this is a Dave Ramsey thought, but, it's true.... if you had paid for cars, would you borrow against them to invest in mutual funds? Same thing isn't it?