>>5http://www.bankrate.com/funnel/auto/auto-results.aspx?ic_id=auto_loan_calc_todays_rates_btnThe APR for auto loans in my city looks like it would average about 3%, which is the typical inflation. If you have enough money to buy a car, then you should take the loan and put the money in an index fund yielding more than that.
And also, if you buy used shit, you get used shit. Quality will pay for itself over time, while that shitbox you bought was owned by a nigger before you who drove it 150Km/h until the engine overheated while running from the police, and it's going to constantly break down. Every time your used garbage breaks down, you're going to miss a day of work and the toilets are going to be twice as filthy as the day before, so you'll have to scrub twice as hard in addition to missing a day's pay. That is why you are poor.