RetiredGypsy
Full time employment: Posting here.
- Joined
- Mar 17, 2008
- Messages
- 979
My new to me car fund is sitting in a savings account earning a whopping 0.95%. It's going to be a year or two until I buy one, but CD rates don't seem to be much higher than 1% unless it gets close to 60 months.
I'd love to hear any recommendations. Keep it where it is, and just keep adding to it every month until it's time to buy, or are there better options?
The most exciting part is, this is the first big ticket item I'll be purchasing with cash only. I'm really looking forward to seeing how true those statements are about better deals with using cash for leverage on a car.
I'd love to hear any recommendations. Keep it where it is, and just keep adding to it every month until it's time to buy, or are there better options?
The most exciting part is, this is the first big ticket item I'll be purchasing with cash only. I'm really looking forward to seeing how true those statements are about better deals with using cash for leverage on a car.