Answered

What is one advantage if you buy a car with cash instead of getting a loan?

A. You do not have to pay sales tax.
B. You do not have to buy car insurance.
C. You can get tax deductions up to 100%.
D. You can avoid overspending with interest.



Answer :

GinnyAnswer

Final answer:

Paying in cash for a car avoids overspending with interest.


Explanation:

One advantage of buying a car with cash instead of getting a loan is that you can avoid overspending with interest. When you pay in cash, you don't have to worry about accumulating interest charges over time as you would with a loan. This can save you a significant amount of money in the long run.


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