Years ago, a friend had an amazing fuck up. They brought a brand new car. It actually worked out cheaper to get a year’s interest free finance on it.
A year later, they went in (yes it was that long ago) to pay off the balance. What followed was a confusing conversation where they insisted they owed money, while the dealership insisted they didn’t. They eventually realised the insanity, and instead asked for confirmation. They happily provided documentation that the car was fully paid off.
They kept the money in a high interest savings account for a few years. They never actually paid the rest of the balance, and were never chased about the money. Eventually, the money paid for a family holiday.
Yeah my uncle had a similar thing happen to him except he wasn’t smart. Eventually the company in question worked out that the amount of money they thought they should have, was not the same as the amount they actually had, and did an audit, and worked out what had happened. But by this point my uncle had spent the money, because he’s an idiot.
Keeping it in a high interest savings account is a good way of having your cake and eating it, even in the case that they end up chasing for the money.
I’ve seen weirder things happen.
Years ago, a friend had an amazing fuck up. They brought a brand new car. It actually worked out cheaper to get a year’s interest free finance on it.
A year later, they went in (yes it was that long ago) to pay off the balance. What followed was a confusing conversation where they insisted they owed money, while the dealership insisted they didn’t. They eventually realised the insanity, and instead asked for confirmation. They happily provided documentation that the car was fully paid off.
They kept the money in a high interest savings account for a few years. They never actually paid the rest of the balance, and were never chased about the money. Eventually, the money paid for a family holiday.
Damn that’s amazing and smart by him on all accounts. Had his bases covered just in case and the money saved.
She, but it was definitely played well. They were honestly expecting a call to sort out the mix up. It just never came.
Yeah my uncle had a similar thing happen to him except he wasn’t smart. Eventually the company in question worked out that the amount of money they thought they should have, was not the same as the amount they actually had, and did an audit, and worked out what had happened. But by this point my uncle had spent the money, because he’s an idiot.
Keeping it in a high interest savings account is a good way of having your cake and eating it, even in the case that they end up chasing for the money.