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Woah ! Way too much arguing here, either way is perfectly okay. I will give my .02 cents.
Financing option: If I have 40k in cash and the dealer is giving me 0% financing I can reinvest atleast 30k in a money market. A conservative 3% growth would amount to $2,700 in 3 years that is simple math without compounding. Or I could put it in a IRA fund for further tax benefits.
Cash option: Only advantage here is I am not forced to pay full coverage on my insurance and save money by paying just liability if I wanted to save money. I don't have the numbers here, but I am curious what the dollar amount is for liability vs. full coverage.
Advantages to both options here .
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