Yes, auto loans, IMHO, are only be used as a last resort. Borrowing money to buy a depreciating asset is something to be avoided if at all possible.
Quote:
Originally Posted by dewilson58
Agree....................I hate debt. "In my young'r days", I did have mortgage and got into the game. Enjoyed paying that off. Never borrowed for an auto.........hated to see my children jump into car loans.
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