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@brittany111 So you're saying that I can get cheaper insurance that doesn't include full replacement and rely on the dealer's GAP?

@brittany111 Can you explain how that comes into play?

You can check my previous post where I was trying to find the best option to maximize my money on the long run. I spent some time and did the math... and it was not what I expected! I figured I'd make a new post instead of editing because there is a lot of new info. I used an annual...

@mttyhu These are the rates for the model I'm getting, there is no room for negotiation on the price or rates. It's a high demand car. But what does my financial situation have to do with the decision? I have enough to pay cash if I dip into my TFSA like I mentioned. But the question is what...

@colin44 Not sure I understand the reasoning behind financing but paying it off early as possible. I'd expect the decision to be to pay cash or go as long as possible. If I'm assuming that I'll beat the interest rate with my investments, then it's in my best interest to keep as much capital in...

@rockwell21hr You don't get those 0% anymore :)

With interest rates on financing being as high as they are, what's the best option on the long run? Leasing rates: 36 mo: 8.19% 48 mo: 8.49% 60 mo: 8.79% Financing rates: Up to 84 mo at 6.99% To me, at least on the short term, I'm doubtful that something like S&P 500 will beat that. Am I...

@tecumsehmaverick Afaik you can always transfer out to a different address. It's your account. But you can no longer exchange there or fund.

@drasticmeasurements One common way to fraud is if you have a corrupt appraiser. They would evaluate it at a low value. You would then move in and sell it at market value in a year or two. Those gains wouldn't be taxable because it's your principal residence. But it's a risky move, likely to...