Automobile Financing and the Infinite Banking Concept
There are traditionally two ways to make a car purchase, you either pay cash or finance. When paying cash you lose the opportunity for that cash to work for you and generate some sort of return. When you finance you lose by paying someone else for the privilege of using their money.
Becoming your own banker, however, brings a third alternative. When you utilize the concepts of becoming your own banker you allow yourself to redirect the interest back to yourself, eliminating the interest cost through financing, and generating a positive return on your cash.
Did you know you could save over 1,000,000 dollars on your next 11 car purchases by utilizing the Infinite Banking Concept? Watch our video to see how!
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