Is it rare in US to buy car for cash?
In content from US I hear a lot of people talking about financing a car and almost never about just buying it which made me curious if that’s the reality for most of you.
For $10-20k you can have a really nice looking car with all bells and whistles and reasonable mileage and I’m wondering how many people are going this route instead of digging themselves into debt?
Probably some people prefer to put their money into other investments, but I doubt most of the population is that financially literate, correct me if I’m wrong.