Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

252
Posts
65
Votes
Wendy S.
Pro Member
  • Ellenwood, GA
65
Votes |
252
Posts

Buying new car cash vs financing

Wendy S.
Pro Member
  • Ellenwood, GA
Posted Feb 4 2023, 20:48

Is it best to finance a 2023 Honda $38,000 or pay cash?

If financing, is it better to get a bank loan or finance at the dealership?

Background

Car is not for me but mid twenties daughter who I partner with to buy real estate. I quit my job 2022, live off rental income and we house hack a large 3 level house with rents totally covering mortgage.

She has excellent credit and six figure yearly income. Only mortgages as debts which are covered by rents.

P.s. I'm supporting the new car decision. You have to enjoy and reward yourself sometimes. Not always about frugality.

Loading replies...