Which financing term makes the most sense? I’m looking to purchase a new 2023 Ford Explorer. The sales price of the car is ~$43k. Ford is running a promo where there is 0.9% APR for 36 months ($1,212/month), 1.9% APR for 48 months ($932/month), and 2.9% APR for 60 months ($770/month). I have $15k of IRS debt at an 8% interest rate. Aside from that, I have no debt. If I were to take the …

Zero Percent Car Financing Isn’t A Thing Anymore If you wanted a zero percent financing deal on your next car purchase, you are shit out of luck. After a never-before-seen increase in free-money deals during the pandemic, zero percent financing is pretty much gone from the market, according to Automotive News. Read more…

Financing Gym Equipment Never posted here, please be cool. I am considering purchasing ~$1,000 in exercise equipment from Bowflex and, while I could pay outright, I’d prefer not to and am considering financing the purchase. Their site says no interest if paid within 18 months, which would be ~$70 a month and I have zero concern meeting that through the duration. Que…

What are the downsides of zero percent financing? More and more these days I get offered buy-now-pay-later at zero percent financing (e.g. buy a $50 item for four monthly payments of $12.50). I usually avoid these because I think they encourage overconsumption and living beyond my means, I don’t like debt even if it’s zero percent, I assume there’s some gotcha, etc. If I can’t pay upfront, I ju…

Small Business Financing Hell Hi Everyone, Longtime user and very mediocre contributor, however, throwaway account because some of this MAY be sensitive info? Looking into purchasing the business I work at from the retiring owner. For background, the business has been there for over 50 years and the current owner has owned it for the last 30, but now that he is 80, he is loo…

Car Financing Advice Needed Hey everyone, I just financed my first vehicle and my dad is a cosigner. I think I got ripped off but I’m not sure and need advice. I was between a brand new 2023 Accord Hybrid in Urban Gray Pearl and a used 2022 Accord Hybrid in Black with about 20k miles on it. The price for the 2023 after all fees, pre-interest rate was $38,882.00. The 2022 …

Any Suggestions for External Financing Options, Looking to Further Scale Skincare Business Hi all, my skincare business has been doing well, and I’m looking for ways to scale it up further than what I’ve already been doing. One of the ways to grow is that I’d need more cash on hand to invest in inventory, marketing campaigns, operations, etc. I’ve been looking into external financing options to increase my cash flow, came across this …

In my position what would you do for financing of my upcoming auto-loan? No debt outside of mortgage Have ~50k in the bank, 80k in non-retirement investments Own my current vehicle outright. Carvana trade in is ~11k. Might be able to do 13k in a private sale. Swapping to an EV, ~$84,000 Currently I’m planning on trading / selling my car, putting down a good amount of cash from my checking and financing between 30 an…

Financing options for foreign real estate Looking to get some feedback on what’s the best way to finance a foreign real estate purchase with two goals in mind. Write off as much as possible in taxes. Borrow as much as possible so I can keep my stock portfolio. Being a foreign real estate purchase, getting a mortgage either from a U.S. or a local bank isn’t possible (unless someone …