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Old 02-04-2013, 09:34 PM   #16
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thekuligs
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Re: Where to buy: Passenger Vans

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Originally Posted by 7 for now View Post
We don't believe in debt either. We have zero debt. Dh has a corporate American Express he uses for work travel. Besides that we have no credit cards, loans, or debt of any kind. We pay cash for everything.

We did decide to take on that debt short term so we could order exactly what we wanted. We also knew we would have the van much longer than the loan term. We put about 50% down and financed the rest at 0%. Plus dh's mom is retired from General Motors so we got her discount, which is even bigger when ordering a car. We paid the balance off in a year.

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That's great! But you you can probably tell from your individual circumstances that it doesn't work that way for most people.
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