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Car finance ?
One reads a lot of questions about car loans, monthly payments, etc on this site.
Doesnt people in the US buy their cars with cash ?
3 Answers
- Anonymous1 decade agoFavorite Answer
Some do, but many people don't have the amount of cash required to purchase a reliable car. Outside of the larger cities in our country, we don't have very adequate public transportation systems, so nearly everyone needs to have a reliable car to get around every day. As a result, it's very commonplace for Americans to own financed vehicles.
- 5 years ago
If you're in Great Britain, sure, it's!! If the auto is on finance, it's fully owned by means of the finance manufacturer, till the debt is wholly paid off. Therefore, it can't be legally offered till the finance is cleared. The legislation might good be one-of-a-kind within the U.S.A., however that is Y!A U.K. and Ireland, in the end...
