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Money and Finances
Reply to "Buying a car with cash"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Buying car with cash is crazy unless you have milions. Take a loan, when in need of money dip into savings.[/quote] Having car payments is crazy from my perspective. I have never, ever paid anything but cash for any of my cars. And I never will. Stupid to pay monthly on anything but a home and utilities.[/quote] This is ridiculous. Some people just aren't good with bills or figuring out what is affordable for them, and so it makes sense to save and pay cash. Otherwise they would over spend on a car. Through my bank, I get 0% auto financing and take advantage of it so I can keep my money working for me. No way on earth would I have handed over $130k for my new car when I could finance it at 0%.[/quote] Great financial advice from someone who spent $130k on a car. I'm sure you can relate to the OP who doesn't have $200/month for car payments. [/quote]
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