Own It Outright · free · 1 minute
What if I invested my car payment?
Buy a used car you can pay for in cash, keep it running, and put the monthly payment into a broad index fund instead. Here's what that adds up to.
Invested instead
$260,463
Making payments, you'd send $120,000 to a lender and own a car worth far less.
For education only. Not investment advice. Growth rate is a general assumption, not a promise. Read the article behind this tool: Own Assets or Be Left Behind.
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