Updated: Oct 15, 2020
It's conventional wisdom that paying a 0% interest loan is the ultimate way to go - particularly for large purchases like automobiles.
And they would be correct. 0% loan interest would beat anything else.
However, not everything is equal at all times.
Let us remember the Four Rules of Financial Institutions: https://davidkinderfinancial.wixsite.com/davidkinderfinancial/post/why-traditional-planning-doesn-t-work-the-4-rules-of-financial-institutions