Why do many rich people buy cars in installments, but the poor choose to buy cars in full?

Of course, this phenomenon is relative. Those who have some money will generally choose to borrow money to buy a car, while those who have less money will buy a car in full, not the poor. The poor can't afford a car at all, and they won't make up for it.

Because the money of the rich can play a greater role in their hands, the wealth of the rich does not mean how much idle cash they have. On the contrary, it is because they can make full use of their idle funds, which is what we usually call Qian Shengqian, that they become rich. This is also the difference between the rich and the poor, not only because they are lucky, but also because they have the ability to create wealth and the vision to make full use of money.

Therefore, in their place, it is a more suitable transaction to transfer money to business or to invest with greater value, which brings much more benefits than the interest on the loan to buy a car. I saw a state sent by someone in the circle of friends before, which made sense. It says some rich people borrow money from banks. The richer they are, the more money they owe the bank. It must be said that it is also an ability for people to lend so much money, which shows that people can only lend to others if they have the strength to repay the money from the bank, and some poor people are afraid that the money borrowed from the bank is pitiful. Among all these loans, car loans and mortgage loans have the lowest interest rates. Why buy a car in full and then go to the bank for a loan when you can borrow money to buy a car?

The thinking of people who have no money is how much the interest on the loan to buy a car is, because money can't play any greater value in their hands, so they stay. It is that the loan will eventually pay more money, and simply buy a car in full. Of course, it is not excluded that some people buy a car in full because of vanity. The more people who have no money, the more sensitive they are to others.