Cars - Cash or Loan
#1
Cars - Cash or Loan
I'm looking, finally to buy a car. Probably a Prado, though that's not decided yet on the basis that she who must be obeyed wants a battle wagon for safety, and if I'm going to get one then I want something Japanese that'll acutally go in the desert.
I can if needed pay cash - is there any sensible advantage to doing that or am I best off taking finance? Will I get a better deal for cash or is there no real difference?
Also dealers or Ras al Khor?
I can if needed pay cash - is there any sensible advantage to doing that or am I best off taking finance? Will I get a better deal for cash or is there no real difference?
Also dealers or Ras al Khor?
#2
Account Closed
Joined: Feb 2011
Posts: 0
Re: Cars - Cash or Loan
I'm looking, finally to buy a car. Probably a Prado, though that's not decided yet on the basis that she who must be obeyed wants a battle wagon for safety, and if I'm going to get one then I want something Japanese that'll acutally go in the desert.
I can if needed pay cash - is there any sensible advantage to doing that or am I best off taking finance? Will I get a better deal for cash or is there no real difference?
Also dealers or Ras al Khor?
I can if needed pay cash - is there any sensible advantage to doing that or am I best off taking finance? Will I get a better deal for cash or is there no real difference?
Also dealers or Ras al Khor?
You don't have to take finance, I did but the mrs took a regular personal loan.
Logic dictates that:
AED 100,000 (for sake of argument) earning 1% in savings Vs. AED 100,000 loan costing more than 1% in interest is a pretty straight forward decision to make.
It just hurts to think of paying all that cash out.