• Aux@lemmy.world
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    1 year ago

    No, remortgage your property at super low interest rate below inflation and then buy with the cash you got. This way you’re saving crap loads of money.

    • ryathal
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      1 year ago

      That’s even worse. Now you have your house on the line for a depreciating asset. It’s the depreciation that makes financing cars such a bad deal.

      • Aux@lemmy.world
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        1 year ago

        Only if you want to sell your house in a few years. If not, it’s a money printing machine.