Which method would you use to purchase the car

Reference no: EM131482139

Question: A car dealer has on offer a special ‘0% finance' deal on the advertised price of £8,671 for a particular model. This requires an initial deposit of £1,734 followed by 24 monthly payments of £289.00. If you could get the price reduced to £8,095 if you paid cash and can earn 9% per annum on money invested in a building society, which method would you use to purchase this car?

Reference no: EM131482139

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