Here is another article for buy car with cash vs. buy car with auto loan. Previously, we have discussed which one is better in many kind of scenario. Here is one where we compare if you buy a car with cash and buy a car with auto loan and use the cash to pay off the auto loan. This scenario is unlike all previous cases, where you keep the money in the same place but you have to pay the monthly car payment from other source of income.

Previously we did a simple calculation to compare buy car with auto loan and buy car with cash in the United States. The result somehow turn out buying a car with car loan is more practical as buyer tends to save up few thousand dollars in the end. The logic works for some other countries which have different kind of auto loan system than the U.S. including Malaysia, Thailand, and Singapore (see also: buy car with cash in Malaysia: Smart or Stupid? and Buy car with cash vs. Buy car with auto …

We had an article “Buy car with cash: good or bad?” to compare how the money appear and disappear when a person buy a car with cash or with auto loan. That calculation is base on the car loan system in the United States. Here we have another calculation based on the car loan system in Malaysia and some other countries which have the similar system including Singapore, Indonesia, Thailand, and among others.

Buy car with cash, good or bad? Should buy it with cash or buy it with car loan?

Do you know that you can get cash for junk cars? Having one or two junk cars in your garage is not something bad as you can anytime trade in these cars with cash as long as you know where to get rid of these junks. In America, there is quite a number of junk cars collector across 50 states where you can sell your car to them and get cash in return, “Cash for clunkers” is one of the most famous program. In general, junk cars are usually cars …

Cash for clunkers is a program in U.S. for the residents to purchase new car with great rebate when they trade in with any clunkers. It is a colloquial to Car Allowance Rebate System (CARS). The program was to help people to trade off their less fuel efficient car and exchange with more fuel efficient car as the gas price is keep on rising compared to the past years. Check out the gasoline price history.