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Old 03-12-2021, 08:25 PM   #5
BuddyLee

 
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Drives: 2013 Camaro 2SS/RS
Join Date: Aug 2020
Location: Pacific Northwest
Posts: 802
Quote:
Originally Posted by pyroguy View Post
0 payments trumps "0%" financing. Repossession and foreclosure occur on things with payments. Besides cash talks and BS walks. I've been able to get MUCH better cash deals than 0% financing deals because 0% just means they built the cost they're losing on interest into the price of the item.
Not always. I have at least four debts not connected to the company financing them at 0% interest. In one example the interest sits in reserve and if a payment is missed then the principle and the interest is due. Otherwise interest only. Also on cash back credit cards is you pay off in full each month you still get the cash points. So if one pays for everything using the cash back card and then pays off the balance with cash you would have used instead, you are indeed ahead.
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