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Using the Truth Concepts Automobile Purchases calculator, Todd Langford demonstrates how we finance everything we buy – regardless of how we pay for it. Discover the half-truths of the Dave Ramsey-ish financial philosophy, and the impact of opportunity costs incurred when a consumer pays cash for a major purchase.
Whether buying a home, a car, or farm equipment, the principle is the same. You either “pay up” interest by financing, or “pass up” interest by paying cash.
Automobile Purchases calculator
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