Rainy day syndrome. Some people prefer to be right side up as much as possible. Some people insist on debt up to their eyeballs.

I got one of dem friends. 55k 2014 ram hemi. All said and done.
Like 10k interest shes paying.

depends. if you have other debts you should finance and use that money to pay those and finance the car

This post was edited by buttersdan on Mar 23 2014 08:20pm

Real men pay cash

Rainey day? More of being smart with your money. Why tie up X amount of dollars in a depreciating item when. You can invest it and earn money from it?

Granted if it's a 5000 car sure pay cash but If your dropping like 40k I don't understand the logic.

I do agree people abuse the lending system which has caused many issues in our economy. I won't buy things unless I can afford to pay them off entirely, doesn't mean I won't finance at a low interest rate and invest the lump some of cash I have into a decent paying investment.

I don't see you being able to make much money doing that after you factor in the 1-5% int the bank is gonna want on your loan in most cases. Unless of course you used it to start a business or something.