Title: Which Would Be Better: Buying Vehicle Outright or Credit Union Auto Loan? [Print this page] Author: lemonhead Time: 2023-1-25 19:26 Title: Which Would Be Better: Buying Vehicle Outright or Credit Union Auto Loan? I (24 y.o.) will be purchasing a vehicle within the week, and the 'out the door' price is +/- $23,500. As it stands, I can comfortably purchase the car in cash and avoid having an auto loan. But I heard that having a regular payment is good for building credit. I would appreciate any advice on what would be the best decision to make.
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