Home MONEY Why Borrowing for a Car Might Actually Be Smart Now

Why Borrowing for a Car Might Actually Be Smart Now

by NORTH CAROLINA DIGITAL NEWS


car salesman
ZoranOrcik / Shutterstock.com

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. For the last 40 years, the golden rule of car buying was simple: “Pay cash if you can.” Interest on car loans hasn’t been tax-deductible since the Reagan administration, so every dollar of interest was money down the…



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