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Do you think a Car Loan is a necessity?

King Belieal

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As far as you are working and you earn reasonable income, you can always get a car loan than can be deducted from your salary for as long as 10 years till it is fully paid.

Do you think it is worth it to get a car loan? Why would you deem it necessary or not?
 
For me it is not a necessity so I won't even think about taking a car loan, but then again each and everyone of us have our needs and wants, and they are completely different from one another.
 
In general, companies work with car and motorcycle dealers so that employees can take out a motorcycle/car loan that is paid in installments over a period of 3 years, paid through salary deductions received. But I think it's better for me to save up to buy a car.
 
Same as I. A car is a luxury for me now. When I need to have a car, I would buy a car without a loan.
 
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