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Ask HTM - Hanging Onto A Car Loan, Small Purchases That Spark Joy, & Maximizing HSA Benefits #664

How to Money

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The Chevy Bolt: The Best Deal in Town

Anand Kumar: I think the Chevy Bolt that still seems like it's the best deal in town these days. Anand said that his car loan is at 3.375%. And that he's currently earning 3.75%. So you wouldn't necessarily be doing it for the massive amounts of cash that you're going to be raking in. But if those numbers were flipped, though, and you're paying a very small percent in interest more than what you'd be able to earn in savings, it could potentially make sense to hang on to that loan.

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