Should Retirees Finance a Car or Pay Cash?

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http://www.foxbusiness.com/personal-finance/2013/10/10/should-retirees-finance-car-or-pay-cash/?intcmp=trending

With this year’s low interest rates, retirees who are on the hunt for a new car or truck have many payment options. They could finance at current interest rates, which average less than 4.5% for a 60-month loan, according to Bankrate’s latest national survey. Or, they could use money from their own cash reserves.

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