Through an insurance check and some sold stocks, I can buy a used car w/ cash or financing. Which is better?

Question

Which is more beneficial to me? Which is more beneficial to the dealer? What leverage do I have in this situation?

Answer 1

One of my friends asked me this kind of questions before,I found helpful here.http://car-insurance.easyideas4u.info/ca...

Answer 2

Cash is better than the insurance check but you might also consider financing. This is is to avoid the hassles. But you might want to think first of the pros and cons before you make a decision. :)

For leasing information, you may refer to this web site: http://www.carleasingsecrets.com/blogs.

Answer 3

u can search and find out the price of car from the google website, below i have wrote a link of google website search that will help u.

http://www.google.com/custom?q=buy+car&s...

Answer 4

CASH is KING! No payment no interest!

You will always pay less than the dealer is asking when you pay with cash! Make sure they fill the tank before you leave.

Answer 5

The answer lies in interest rates.  What will you pay in interest for the car loan?  What type of return could you get on the money from the insurance check and your old stocks?

If your credit is good and you can get a car loan at a very low rate of interest, you may be better off getting the low interest loan and seeking a high return on your cash.

However if the interest on your loan is going to be high, go ahead and pay the car off in cash.

Answer 6

if you can pay for it in cash by all means do it the best for you is cash. if you finance you end up paying far more in the long run and with insurance rates too if it is finaced they are higher so cash is absolutly your best bet