for some people, particularly if you are self-employed, financing vehicles (many other things, too) can create beneficial tax deductions, depreciation, etc. it isn't always crazy, lazy, or stupid to use other peoples money get what you want or need. but I agree, too many people are wasting enormous sums of money paying interest on car loans. mortgages are another matter since, very often, the value of real estate goes up over time. 14 years ago we refinanced our house from a 30 to a 15 year loan. saved us $98,000 in interest. interest rates were down, so our payment stayed the same.
