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Showing results for tags 'Bank vs cash'.
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Hi Fellas, Good afternoon everyone, I am contemplating on getting the bank finance or use my cash for my next car and why? Pros Save my money for something else Keep paying in small EMI, that doesnt impact budgeting of other things Cons Too much hassle and paperwork for weeks and weeks for getting it Too much hassle and paperwork for weeks and weeks for closing it Car Seller doesn't prefer bank transactions While selling again same drama. Conclusion: Is it worth banking a car when you have spare cash, means bank hassle worth saving that 2-3% extra expense (lesser than one year insurance).....? I hope you got my confusion.