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Cars in Europe are as a rule not bought on credit.



Well in that case you're losing potential interest on that money, and also (much more significantly) depreciation.


The last time I got any interest worth mentioning on money was more than a decade ago. Yes, assets depreciate, cars more than most. So don't buy new, buy second hand.


>The last time I got any interest worth mentioning on money was more than a decade ago.

What's "worth mentioning"? My bank gives me about 2% on savings; it's not huge but it's certainly enough to switch banks over. If you're not making any interest in a bank, you're at the wrong bank.




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