thread: Do you have a car loan or own outright?

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  1. #16
    MissEm Guest

    We own both cars outright. Ford Territory 2010 and Toyota Camry 2008. Personally we wouldn't ever take out a loan to buy a car. An example why:
    My brother took out a loan to buy a car, then sold it when he wasn't around to use it. He doesn't have the car but is still paying off 3/4 of the loan.
    Last edited by MissEm; September 29th, 2011 at 04:47 PM.