Buying a new car at 0% APR vs used at 5-7% APR, no brainer to just pay for new? Any other considerations?
Buying a new car at 0% APR vs used at 5-7% APR, no brainer to just pay for new? Any other considerations? Hi all, We are buying a 2nd car and I was looking at spending about 30k on a 3 year old used car with 20-30k miles on it, APR would probably be like 6 or 7%. A local dealer is running a 0% financing special on their 2024 new stock and have that car in the highest trim level for about 42k at 0%. Well, that payment actually ends up being quite sim...