Question About Car Down Payments

[RJ43]

Debt is rarely used to one's advantage.

For instance, this thread is about buying a car.

Why not?

Assuming one can safely manage the payments, even if you have the cash for it why would you use it to buy the car outright when you can invest it in a simple index fund that’s going to gain more return than the interest cost of the loan?

Once you accumulate cash the opportunity cost of the choices you have with it make debt a more attractive proposition than when you are broke...which is one of the ironys of debt I suppose.

 

[Grassshoppa]

What's a whip?