What’s a good auto loan rate? Is it better to buy in cash if possible? Looking at either an X5 or Cayenne. Will be from $75-100k. I know people generally advise against paying all cash, but at what point (at what interest rate) does it make sense to buy with cash?

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Finance with the dealership to negotiate a better price on the car, then pay off the loan whenever you want. Dealers make more money on the financing than the cars, so they’ll usually be happy to negotiate, especially if you come in with a “oh I don’t need financing, I’m getting a good deal from my bank,” and let them “sell you” on going with them.

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^this is partially true but it’s still a thing

I’m pretty sure both those cars are hard to get. I have a ‘21 X5 45e and love it. Cayenne is a lot more expensive than X5.

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These days a good auto loan rate is 4%

So it still may make more sense to finance

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