Consume Product

I always do, but it at least locks me in to the price that day in those dollars. As inflation carries on and prices go up it’s not like my loan amount grows, it stays frozen in time gradually going down. Also in Canada at least, if you buy *new* and are incorporated you can write off 1/3 of vehicles purchase price against your taxes for the first three years. So whatever it costs me new I save in taxes over three years. This only applies to new vehicles though, not used. Of course once it’s paid for I can keep it. That’s why companies that do buy all new trucks/equipment will generally do it every three years here, then trade in and do it over.