Quote:
Originally Posted by ft86nub
For people that live like idiots sure. If you can afford a car you should be able to pay cash. Otherwise you can't really afford it. Paying interest on a purchase like this (depreciating asset) is silly. If you always live that way then you'll never be able to afford a house, children, retirement, etc.
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Agreed if you have enough income reported to uncle sam.
Don't go out there and buy it with cash if you don't report your income like you are supposed to.