A Case Study on the Late Effect of a New Car Loan

Two twins, chloe and zoe. Chloe decide s that she's going to buy a 60 thousand dollar new car with a loan at four % interest and put ten % down. Zoe, on the other hand, decides she's going To buy a much more affordable car. She is going to pay it off in three years, because she recognizes she doesn't want to owe money any longer than her sister. But there is ly zero cash flowed difference between these two individuals. It was just the incremental decision making, what do i do with my dollar?