634K views · 4K reactions | Imagine owning your car free and clear—no payments, no stress, just freedom. Financing a car means you're paying more than the sticker price due to interest, and new cars lose about 60% of their value in the first five years.  Instead of letting a car payment drain your money and control you, consider getting a reliable used car that you can pay for in cash! | Ramsey Solutions | Facebook

A brand-new car loses around 60% of its value in the first five years. 🚗💨 That means the "investment" you just financed is actually draining your wealth. Cars go down in value, but your payments sure don’t. Stop throwing money at a depreciating asset, and start putting it toward things that actually build wealth. Buy used, pay cash, and keep your money working for you, not the bank! | Ramsey Solutions