We spent the last six months living car free in Chicago, but the time finally arrived for us to purchase a family car and we did it all in cash. Don’t feel like I can share outside of this forum, as I accidentally mentioned our cash purchase to my sister and she just rolled her eyes since having a car payment is the norm.
I just bought a vehicle this week too; a big white Sprinter van for $44k. All my family freaked out when I said I wasn’t getting finance for it and I was paying it in cash outright. They couldn’t understand how I could have that sort of money. I told them; ride a bike, don’t drink booze, eat healthy, do your own servicing and odd-jobs, put your money in a high interest account, don’t buy useless junk, etc. All too hard. I’d rather a bit of work than a huge debt for a liability!