Is there anything preventing me from taking a loan at a high interest rate but then paying it off in full immediately? - I'm in the market for a new motorcycle and while I have the cash to purchase one new off the lot in full, I know that agreeing to a dealer financing plan is a negotiating tactic I might be able to use to help get the final purchase price down. Whenever I've gone into a dealership offering to pay cash up front I've always been quoted full MSRP and then ridiculous dealer markup.
Is agreeing to a really high interest rate loan to get the purchase price down and then immediately paying it off the next day a strategy I can actually use? Or are there drawbacks I'm not considering?
Also I should note that I ought to just buy one used and most of the time I do, but this particular make/model is in short supply in the used market and hasn't significantly depreciated for the model years I'm interested in.
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
