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Car purchases - USA?
Noticing that there are a lot of questions from the US about
various ways to obtain loans. etc for buying cars.
Does not anyone in the US buy new cars for cash ?
3 Answers
- ?Lv 71 decade agoFavorite Answer
FEW people here buy with cash. Most are DEEP in debt, and have no business buying a new car, but cannot resist.
- SomeoneLv 41 decade ago
Not hardly, or so it seems. A leading guy on how to buy a car said if you take a loan out with a bank for the amount of the car instead of financing then you will have the loan paid off faster
- jayLv 71 decade ago
80% of my business is leasing , of the other 20%, 10% is cash, 10% is finance. This is an estimate of course, and a lot of the people leasing have the money to pay cash if they wanted.
But the answer is yes, many people do buy cash.
Source(s): bmw client advisor
