I’ve been playing with the idea and numbers of pricing out a new one this way if 0% is offered, but I don’t buy if I can’t pay up, I’m not a payments guy….
I buy it by putting the purchase price in a boringish investment account, with the payments set to auto withdrawal through it… what’s left in the account when the tract is paid off is your discount for paying cash in a way… I was toying with maybe just 5%… so compare that cost to used… see what the price delta is and decide from there..
just a goofy thought I had as I’ve just entered the market to “join” the club… Seemed like this number typically beat the rebate for cash that showed online.
I Just bought by first tractor worthy house… So I’m here to learn. Just wanted to share that thought I had the other day of another way you can “weigh” the value of new vs used if you’re paying cash and deciding new vs used.
I buy it by putting the purchase price in a boringish investment account, with the payments set to auto withdrawal through it… what’s left in the account when the tract is paid off is your discount for paying cash in a way… I was toying with maybe just 5%… so compare that cost to used… see what the price delta is and decide from there..
just a goofy thought I had as I’ve just entered the market to “join” the club… Seemed like this number typically beat the rebate for cash that showed online.
I Just bought by first tractor worthy house… So I’m here to learn. Just wanted to share that thought I had the other day of another way you can “weigh” the value of new vs used if you’re paying cash and deciding new vs used.