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Paying cash for a new car is stupid. Why would you want to tie up a big chunk of cash in a depreciating asset with very low (or 0%) interest rates available?
A backup camera is an essential? Ha, ha ha! That is hilarious. You are kidding with that statement right? I hope I never have a car with something that silly. I have a mirror for that and a head that can turn. lol
I know what you're saying, I've driven for over 40 years without one. But, new car designs are making it harder to see directly behind you, windows at higher angles for aerodynamic efficiency and prevailing style, SUV's have a big blind spot directly behind. Besides, all cars will have back up cameras by 2019, so the argument is moot.
Paying cash for a new car is stupid. Why would you want to tie up a big chunk of cash in a depreciating asset with very low (or 0%) interest rates available?
Maybe they do not qualify for the low rate.
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