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208 Gti Cheap Lease Deals
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[quote][i]Originally posted by DaveyLC[/i] [quote][i]Originally posted by Gary[/i] It's an incentive to borrow yes but used properly can be handy. Why make a dent in your savings you get interest on when you can use the banks money. [/quote] The difference being.. IF you've got the savings you CAN afford to buy! In the event of you losing your job and not being able to make the repayments (an incur fines/interest) you are able to clear the debt.. You're talking cross purposes, taking advantage of interest free credit to avoid losing interest on investments & savings is not the same as borrowing to buy what you can't afford. And also in the instance of leasing if you've got the cash you'd be better off buying the vehicle as you'll actually have an asset with value when you want to shift it.. The clever people will buy pre-reg's, ex-demos or year old cars with cash.. [Edited on 10-06-2015 by DaveyLC] [/quote]
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