45+ Car Loan Or Pay Cash
Background. Most americans choose to pay for their car through loans, or making monthly payments for a set number of months. If you pay cash, paying this way will likely take a big bite out of your savings and, if a rainy day comes along, you could wind up in financial trouble.
When you buy a car with cash, there's no monthly payment or interest. The decision to finance a car or pay cash mostly depends on your own personal circumstances. Learn how to buy a car with cash and the advantages and disadvantages of choosing not to finance.
It hurts to pull money from a savings account to buy a car that talking about paying cash for a car is easy enough.
April 12, 2016 11:59 am by kassandra mitchell. Buy the car and pay cash. Buying a car, either with cash or a loan, is always a major decision. Learn how to buy a car with cash and the advantages and disadvantages of choosing not to finance.