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Originally Posted by LMBmikeZ Line of credit? if you have one large enough it is definitely the way to buy anything that is large and not done with cash/debit. Nothing
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#20 (permalink) | |
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A True Z Fanatic
Join Date: Jul 2014
Location: bouncin on tigga
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Drives: '12 Z
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Quote:
HELOC's are not bad option since they are low but then again you're just adding to a mortgage. my LOC is 0.63% less than my financing rate... weird thing is even with preferred financing they offered me 5.5.... then when I went to dealer they offered 4.98 over 4 year term. I questioned saying my LOC is 4.5(at the time of purchase)... can't even do that? da fuq atleast it's sorta secured by a depreciating asset. goodluck though... shop around that's for sure. |
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