If you can't save up and buy upfront then yes you have acquired debt to a parasitic bank. If you save up the money to buy a car in full it makes more sense to buy a 1 year old car with 5k miles on it for 20% less than the new nearly identical car. When you save up money with hard work you're not gonna want to spend your money on something that immediately loses its value when you could buy the nearly new pristine condition pre owned car and invest that 20% savings into a low risk ETF or into a company matched 401k for example. Theres just no excuse for buying a new car.
1 year old car with 5k miles on it for 20% less
Lol no. First that's a bit of a unicorn because the first owner was being completely irrational or misjudged something to only put 5k miles/yr on a brand new car. It will be priced accordingly. Second, 20% off a year-old car isn't a thing in this market. That was last year. To your point you can usually find one with a smoked-in trashed interior that never had an oil change in 12k miles for 20% off new, if that's your thing.
Theres just no excuse for buying a new car.
thats just, like, your opinion man
And it's the correct opinion. Anyone with a IQ over room temp will be able to see my comment vs your comment and determine you are a fucking idiot and they will obey my instruction. That's the point of replying to you, to help others. You're a lost cause when it comes to finances. If you where born into wealth you will surely lose it in 1 generation. I am here to help intelligent people become better.
I DONT FUCKING CARE
if i want to buy a new goddamn fucking car i will. quit telling people how to spend there money. what works for you if fine, other is going to different. so you can just fuck off i dont need financial advice from you and NEVER FUCKING ASKED FOR IT
Shit heads like should just light themselves on fire and waste away
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