Want to buy a 60k sports car, have the cash to buy it outright but have been leaning towards putting $30k down and financing the rest over 3 years to keep the remaining cash liquid. Logically I know paying for the car in cash and avoiding interest is the best move but I believe why not leverage the situation?

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Some might say getting the loan and investing the money you have in an index fund is the best move. You might make more in returns than what you pay in interest.

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This is true, on average the interest rate should be around 4% and the market on average would probably return between 7-8% over the next 3-5 years.

Negotiate a 0% financing option

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Did not know about the low rates for CPO, thanks! Will look into it!

Buy the used version of the car that’s already at full depreciation

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Unfortunately I’m a huge car guy and there are no comparable cars to the M2 that check all the boxes for less than the price of an M2 haha

What car?

Whatever you decide financially, that is an excellent choice of car.

Get a vintage Porsche

my 80s targa is dead in the garage until I get a signing bonus in a few weeks.

Someone should start a company to finance classic car work.

Nothing like turning $60k into a negative investment the second you sign the paper.

What’s the point of money if you can’t enjoy it? The vast majority of things you buy every day depreciate as soon as you buy them.

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If you don’t mind sharing OP whats your net worth and income?

Net worth is ~$200k (had to repay $120k in student loans 🥲) and TC is $150k

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