Buy vehicle with cash or take out loan?
Buy vehicle with cash or take out loan? Baseline Stats: 30 Yr old married couple Household income: 135k Savings: 40k in HYSA (4.25%) Checking: 5k Brokerage accounts: 50k Retirement accounts: 300k Credit Scores: 790 and 550(ish?)
Current vehicles: -03 VW Golf TDI (295k miles) -04 Malibu (150k miles) -12 Jeep Patriot (195k miles)
I'm looking at purchasing a used vehicle to replace our...