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When it comes to cars, what's often offered is 0% financing or some kind of cash back. It may actually be better to go with the cash back.

Preet Banerjee made a 10 minute video laying out the math on why not going with 0% financing may be better:

* https://www.youtube.com/watch?v=KGPu0jPryfU



That video was good, but I'm disappointed he didn't point out that it's usually better to rent a depreciating asset, ie. get a lease. Of course there are a lot of other factors, like how long you typically keep your car for. But if you're the kind of person who like a new car every 3-4 years, it's almost always better to just lease the car than to buy it. Especially if you have a schedule C business that you can write some of it off against.


> That video was good, but I'm disappointed he didn't point out that it's usually better to rent a depreciating asset

He has lots of video on personal finance. I'm sure it's covered in one of them (he has a rent versus buy-house comparison for example: IIRC he used to own, but now rents).


> When it comes to cars, what's often offered is 0% financing or some kind of cash back.

Well, that just means the financing is not 0%.




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