He has a car loan

>he has a car loan
>he is literally financing a depreciating asset at a set rate of interest
>not owning your car outright

Why are you cucked into having car payments Veeky Forums?

Because harsh reality is fucking us over, well me anyway.

Better than leasing a car and paying out your ass for a car that isn't even yours.

because i wanted a nice car

>leasing is usually easier on your cash flow
>set into a term for 2 years
>new car every couple years
>never have to worry about maintenance
>write it off the cost come tax time

leasing 50% of the time is better than financing.

because I can afford to waste some money, and my BRZ is worth it.

Because I got a 0% loan for 12 months. That equals free money for you losers. I keep my money in my bank and accrue gains with other people's monies.

>being this retarded
>not taking a loan with cash back instead of 0% interest
>Not reducing your cost of borrowing and amortization

C U C K
U
C
K

Seriously, my girlfriend only pays $140 a month to lease her 2015 Nissan Sentra.

>tfw own my truck
>tfw own my car
cash. swaeyg.

I got 3 cars. Got them all cheap with problems, fixed all the problems, restored to original.

>tfw they are all worth twice the combined price I paid.

Because I wanted a car that wasn't a falling apart heap of shit.
And I'm gaining equity on it; I'm paying it off faster than the devaluation.

> Excess mileage charges
> Damage charges
> Fines for not cleaning it
> Fines for cleaning it wrong
? YOU HIT A BUG, PAY FOR REPAIRS OR WE TAKE IT AWAY AND TERMINATE THE AGREEMENT

They offered me 0.0% APR for 48 months. There is literally no interest on my loan, and it builds my credit score for other purposes (including the future finance of a home). There is no downside.

Yuropoor here, usually as long as you renew the lease at the same place they usually write off the small stuff like door dings and small scratch

Because 0% interest, 2% cash back on payments, and high interest savings.

Why the fuck would I spend $25K in a lump sum?

Anyone who would pay in cash rather than finance knows absolutely nothing about how the time value of money works.

>locked in to buying cars at the same place/brand forever, no matter how hard they fuck you or shitty the cars from that brand get
Gee, sounds swell.

>what is a credit rating
>what is 0% interest

>he is literally financing a depreciating asset at a set rate of interest

0.0% isn't really a percent tho.

a myth

>Salary sacrifice
>No FBT because utility
>The amount of tax I save pays for the ute
>it's free

Financing is smart when you do it right. It's not a smart idea to just drop a lump sum on a whim.

>finance a truck because it's priced a couple thousand less than market value (22k)
fast forward two years: i have negative equity of a few thousand in the truck because it depreciated so fucking quick

I definitely learned a lesson

>high interest savings
o rly

depends on the rate