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Free money!
Posted: Tue Feb 19, 2013 6:48 am
by Wonk
I find the "other board" largely worthless with the exception of crowd-sourcing a few things. I found out about PenFed this way. I decided to finance a new vehicle (I usually prefer paying cash) and PenFed is offering 1.49% for 60 months. I couldn't believe it. Lending for 5 years below the rate of inflation sounds good to me--it's almost free money. Even better, their 5/100K extended warranty(bumper to bumper, $0 deductible) looks like a great value and can be wrapped into the monthly payments. If you are in the market and have great credit, this is a fantastic vendor.
Re: Free money!
Posted: Tue Feb 19, 2013 12:05 pm
by melveyr
Wonk wrote:
I find the "other board" largely worthless with the exception of crowd-sourcing a few things. I found out about PenFed this way. I decided to finance a new vehicle (I usually prefer paying cash) and PenFed is offering 1.49% for 60 months. I couldn't believe it. Lending for 5 years below the rate of inflation sounds good to me--it's almost free money. Even better, their 5/100K extended warranty(bumper to bumper, $0 deductible) looks like a great value and can be wrapped into the monthly payments. If you are in the market and have great credit, this is a fantastic vendor.
If you like free money and other things you should check out the fatwallet.com forums. I read a free WSJ every morning thanks to that forum.
Re: Free money!
Posted: Tue Feb 19, 2013 12:14 pm
by moda0306
melveyr,
Even free is a lot to pay for that inflationista, Galtian flight, defecit-hawk nonsense!
Re: Free money!
Posted: Tue Feb 19, 2013 2:33 pm
by melveyr
moda0306 wrote:
melveyr,
Even free is a lot to pay for that inflationista, Galtian flight, defecit-hawk nonsense!
Hah, yeah I am actually quite disappointed with the quality of reporting most of the time. The Opinions part is especially god awful. They usually boil down to this:
I mostly just use it to stay informed on any mega-deals that are occuring.