Is it wise to buy a car with loan or to do it with cash?

It's obviously better to buy a car outright with cash! Actually car loans are secured loans. So, if you default on your payments, your car might be taken away for good!

The best option is to buy a car with cash. The value of a car depreciates with time. There is no bravery in paying interest on a loan when the value of car decreases.

I would suggest you to buy car with cash if possible. Paying interest can drain your savings. Moreover, auto loans are not tax deductible. You can also qualify for discounts if you pay in cash.

cash would be the best options. You might feel that it'll drain your liquid cash, but eventually buying through cash will save a lot from your wallet. You can also qualify for discounts if you pay in cash.