I, too, need a car. But I choose not to go down this route.

I bought my current one five years ago for $4k and spent another $2k to get it reliable. Minimum liability insurance is like $20/mo.

I’m looking to trade up in a bit for something twice as pricy, and I’ll skip the loan part then, too.

Struggling with car payments, you say.

Our EU household doesn’t make $150k/y even if you’d consider the hidden supergross taxes.

I’ve never had a car loan in my life, nor anything beyond the most basic insurance.

If you can’t afford to buy a car, then you can’t afford to wreck it.

It’s better to send that extra money into my savings account or stock portfo rather than waste it on interest and extra insurance. Then I’ll at least get too see that money again some day.

Even I can sell $350B worth of energy if I increase the price enough.