LogFAQs > #959182266

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TopicLiterally just finished paying my car off
Dat_Cracka_Jax
10/19/21 7:57:04 AM
#18:


Pitlord_Special posted...
Why would you guys buy a car outright, or worse, encourage other people to do the same? You build good credit so you can get good financing on big ticket items like cars and houses, and then put that money to work investing in stocks/crypto.

Even investing fairly conservatively should get you around 10% per year vs a car loan around 2%.

And shit like this is just boomer levels out of touch.
My credit score is over 800 and i buy used cars outright

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