Please give me confirmation!

[disneysteve]

In your case, I would pay in installments since they allow payments with 0% interest.

Just understand that 0% financing isn't really 0% because you could pay 5% less if you paid cash. The reason I recommend the payment plan is to avoid paying in advance for a long-term treatment plan. Would you pay upfront for two years of any other service - cable TV, lawn care, etc.? Probably not. I don't think this is any exception.

[jpg7n16]

If I read this correctly, your options were:

1) full price, and 0% financing for X months;
2) pay cash, get 5% discount

is that correct?

If so, since you're against debt, have enough liquidity even after paying in cash, and probably not risk seeking, you should take the 5% discount. Saves on cost, avoids debt, saves peace of mind.

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If you were a very aggressive investor (like me), I would pass on the 5% discount to keep my money invested, and hopefully earn more over the financing period than the 5% I would have saved.


But you're not, so your option is clear for your goals - IMO. Take the discount, avoid the debt.

Good job