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I bought 0% Apr from Toyota. It's not really 0% though, because (at least in my case if I would pay cash, I would get $1,000 off). So this is equivalent of payi
by takeda 9y ago
I bought 0% Apr from Toyota. It's not really 0% though, because (at least in my case if I would pay cash, I would get $1,000 off). So this is equivalent of paying $1,000 of interest up front, just masked to look like there is no interest.
- Retric 9y agoIt's a little worse than that as you pay generally pay some form of sales tax on the purchase price not your interest payments.
- legolas2412 9y agoPlus the 1000 if invested would probably be say 1150 after five years.