i have bought 15 vehicles since 1966. 12 used. 2 demo's. 1 new. Paid cash for all. 4 were diesels. Still own 7 of them. All run. Still use 4 of them on the highway. All but 2 have over 130k miles. i have never made a car payment.
And i have no cars with collision insurance. Out of the 15, i have had collision insurance only twice.
So, not only do you save on interest but you don't have a bank telling you what insurance to buy.
Kidsdonottrythisathome, yourmileagemayvary.
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