I wrote how I bought a car with credit cards in early 2016. It was a used 2004 Subaru Forester. And it fit my needs at the time.
I swore I’d never buy a new car. It’s a badge of honor within the FIRE (financial independence, retire early) community to have an old car with tons of miles on it. It means you’re frugal. And saving. And “doing it right.” A quick search on Reddit returns more opinions than you can ever filter through.
There’s even a rap song called “No Car Note.” (“I love my ’98 Honda!”)
But after running the numbers, I broke my own rule. And bought a 2017 Nissan Versa Note. With a car note.