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<<Yep, a paid for car is the best model to have, and perhaps a particularly rare breed of car!

Never had a car loan myself.

If I'm offered 0% financing, I'll take a loan.


The problem with that is that you still have to buy a new car, which is not a wise way of spending money for a lot of people.

Of course, I'm sure that warning does not apply to PSU Engineer.

For myself though, I've never purchased a new car.

Frankly, I have so much cash sitting in bank accounts that I've considered wasting it on a new car purchase, but I've resisted that impulse, so far.

Seattle Pioneer
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