[NW-99SS]

Originally Posted by cbr1100xx

You get 0% loan, you get little or no discount.

Typically I agree, there are exceptions...I negotiated over 12K off a Duramax 2500HD Crew in 2008 with 0% over 5 years.

Originally Posted by Chris Edwards

Why the fascination with paying cash for cars? Your typical credit union (let's use NFCU for example) will charge under 3% interest over the life of the loan (if you even keep the car for that long). If you were to make payments on that $60k (assume zero down, which is very easily done at most credit unions with halfway decent credit) you'll pay approximately $4,687.29 in interest over 5 years.

Take that same $60k and put it on anything! Even the lowest risk investment should yield 5% + and you'll stay liquid and keep your options open for other sudden opportunities that require liquidity.

This exactly. Cash for cars is great if you can't handle the payment, otherwise it's a terrible waste of capital.