*Loan,banking and credit>>>auto loan

Auto Loan or pay by cash for car?

is it advisable to buy a car on cash(if u have that amount in bank) or loan ??? no business to write it off, no home line of equity. just plain bank balance.

Look, even rich people get loans or leases. Why give up your money? Use their money. keep yours available for emergency or picking up a good deal on something or someone that needs the cash quick.You know like fire sales or "MOVING MUST SELL" deals that you can't get to a bank and get financed quick enough.You can always put down a big down payment or double your monthly payments.Heck if it don't work out for you then pay it off. Source(s): http://painintheexhaust.blogspot.com...

Cash is cheaper, because you don;t pay interest.
But finance, providing you pay it on time, increases you credit score.
So it depends on what important to you Money or credit score.
How about half and half. You'll have the best of both worlds. Money & a car.
Depends on what the finance rate would be. If your earning a decent amount in a savings account I wouldnt take out all the money. If you get a good rate then finance 1/4 to 1/2.
If the rate is really high then I would pay cash.
Typically, if you can borrow money for less than twice the interest of your savings account, borrow the money. As an example, if you are getting 3% for your savings and you can get a car loan for 6% or less--borrow the money. Otherwise, pay cash if possible.
It depends. If you can get a higher interest rate for a CD at the bank for that amount of cash than the interest rate they charge for the loan, I say take the loan since you can earn more money with the cash in the bank CD than you can if you tried to save on the interest with the loan.

For example---the bank is offering you a 6% interest rate for a CD at the bank but your loan is only charging you 3%, I would take the loan (you can save 3% of interest while paying for your loan). One the other hand if the bank interest rate is onl 3% and the loan is charging 6%, then I would pay in cash.