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[quote=Anonymous][quote=Anonymous]"You will own nothing. You will rent everything."
- WEF slogan for the future of western civilization. [/quote]

That's already been the case.  Very few work towards paying cash for their vehicles.  And it's not that difficult.  Just purchase a car you can payoff in 3-4 years (anything longer and you cannot afford it so find something cheaper).  Then drive it for 8-10 years, but don't stop "making car payments"---pay yourself the $400/month you were paying for the car loan.  Save it in MM/CD--that is almost $5K per year, and in 6 years you have $30K.  
If car is still going strong at 10 years, then consider keeping it another few years.  Otherwise, take your $30K+ (compounded interest and possible investing), sell your 10+ yo car (our 13 yo 100K CRV got $12K at carmax recently), and that is $35-40K+ for a new car.  You can get a new CRV with leather and most options for that price.  
Now for the next 10 years, continue saving the $5K yearly and you have $50K+ and another $10-12K when you sell the car.

So once you have paid off student loans (ideally in 3-4 years after graduation if you are employed), you start this with your car(s).  [/quote]

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