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In general they have a cash discount available in lieu of a rate concession. So no, car financing is definitely not cheaper than homes. To make a fair comparis
by fspeech 2y ago
In general they have a cash discount available in lieu of a rate concession. So no, car financing is definitely not cheaper than homes. To make a fair comparison one needs to look at offered rates by independent third parties.
- iancmceachern 2y agoThe two aren't equal though, the cash concession does not make up for the interest.