A lot of people survive with a car loan. The thing about a loan, and any new, recurring, expenses, is that they limit your flexibility for the future. You can “technically” afford it now, but what happens if a member of your family loses their job, their hours get cut, or they get sick? What happens if you get into an accident and need to repair the car? Maybe you can afford a more …

https://www.reddit.com/r/povertyfinance/comments/1ay1v7u/is_a_car_loan_ever_worth_it/