After 30 it's a total prole tell. It's even worse when proles double down and say, "I'm getting higher returns on my investments!" Ljl, no you're not. Stop lying, you don't have investments. The stats on "investments" are abysmal, most of you are poor as fuck.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004588)

If someone buys a car and the dealer is offering financing incentives it's stupid not to take advantage of it. I would borrow an infinite amount of money at 0.9%.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004607)

The other part of this that makes it a prole tell is you should have wisened up to the automobile scam by now. Just buy a used car in cash if you can't afford a new one.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004614)

To even be considered UMC your car is gonna be an insignificant expenditure. No non-loser has to have a car loan after 40. But I take on as much ultra low interest rate debt as I can. I assure you that UHMW people do same. In fact anyone that knows how to manage money would be aghast at turning down ultra low interest loans for anything.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004682)

Has nothing to do with "taking on as much low interest debt as you can," but rather with the purpose of a car and the depreciating nature of the asset.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004756)

Also, with a trade-in and a low enough rate (still possible in a new car purchase using captive OEM financing), it’s possible to get a low ass monthly payment without being underwater on the value of the car.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004788)

You've already conceded that it's the best move financially. I can tell you from experience that UHNW are very likely to take advantage of low interest loans. These people often became wealthy because of financial acumen and it becomes second nature for them. Which is why Ackman instinctively used a coupon code for a Karlstack subscription. Everyone ITT disagrees with you. If you're not prepared to accept this after all that then we're at an impasse.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004792)

A non-prole after 30 knows a car, and especially a car with a loan, is a stupid purchase. The obvious way to deal with a stupid purchase is to either a) minimize the cost or b) purchase it within your means and not prolong the misery of paying for a stupid purchase over many years. You seem to have a hard time understanding this even though you drive an entry-level Tesla

"Everyone ITT disagrees with you. If you're not prepared to accept this after all that then we're at an impasse."

Consensus is not evidence, it's irrelevant to me

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50005373)

If you want to dismiss my anecdotal evidence and the consensus, theb just consider the math. It's simple rate arbitrage. If someone was purchasing a car for $50k and the dealer offered him 0% 5 year financing, that $50k would grow to $90k after 5 years at 12% avg S&P annual returns.

If a multi-millionaire who could easily afford $50k out of pocket was in that scenario, don't you agree he would be better off financing it? (Please, please don't do a retarded hypo fight and say "But he could buy a cheaper car.")

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50005438)

2.5%. If you can’t beat that in the market, then I’m afraid there’s even bigger problems than you being too retarded to understand that you should be investing that hundred grand or whatever.

(http://www.autoadmit.com/thread.php?thread_id=5883271&forum_id=2],#50004610)