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  1. H

    Argument for taking loan for purchasing instead of using available cash(If total amount is available in cash)

    @denisovic Not really, coz he is paying 8% interest on the car loan.
  2. H

    Argument for taking loan for purchasing instead of using available cash(If total amount is available in cash)

    @claudiaspollen When you take a loan, you are paying EMI every month. So you should calculate what would happen if you had paid upfront, and then invested that money you saved by not having to pay emi in a sip with return of say FD rates.
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