Buy It Outright and More

Dave Says (why not just buy it outright?)

Dear Dave,

My wife and I are trying to decide how to buy a new truck. We have a net worth of about $2.2 million, so we can afford to buy it outright. She thinks it would be smarter to get a zero-interest deal, put the money in an interest-bearing checking account, and just have the payments deducted each month. What do you think?

David

 

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