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Oh and now we’re back to overthinking our arbitrage on our car loan, I see. -- (edited)

Posted by znufrii Mar 11 '24, 09:50

5.15% APY on a 9-month CD versus 4.75% on HY savings, against a 2.99% 36-month loan. Any reason not to put away everything but the first nine months worth of payments into the CD? Should I also put some into a 15-month CD at 5.00% APY for a slightly longer hedge against interest rates dropping? And why am I worrying this much about something that will only make about $100 difference one way or another?

Responses:

Back in the day (2009) when I bought my SUV I would only accept a loan that cost less than I was making on savings. Those times went away :/ -- nm - Meg Mar 11, 10:33
As my most recent CDs came due, I switched them to 18 months from 1 year for a very slight rate hit as a hedge against future rate cuts. -- nm - na-Baron Mar 11, 10:03 1
- But damn I want your car loan interest rate. - na-Baron Mar 11, 10:21
you worry cause its the thrill of it all -- nm - Pippy: Court of Fog and War Mar 11, 09:57 2
- It’s the principal of the thing, really. -- nm - znufrii Mar 11, 10:01 1
  - Isn't it the interest though? -- nm - sycor Mar 11, 10:04

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Oh and now we’re back to overthinking our arbitrage on our car loan, I see. -- (edited)

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