Debt is not always a bad thing. I feel like way too many people on this sub jump straight into the Dave Ramsey approach without assessing their specific financial situation. 10K put towards a car payment at .9% APR makes absolutely no sense when OP could take that 10k and put it into virtually any interest bearing account such as a CD or high yield savings account and garner an APY above .9%. There are a multitude of investment vehicles OP could take advantage of depending on what their financial needs are and most would be superior to dropping a lump some down on a .9% interest installment loan. Now if we’re talking an APR of 6%+ on a car loan then that’s a different story. Personal finance is highly circumstantial and debt is not always bad. Why do you think multi-millionaires/billionaires still use leverage?