<prompt> Human: Hello! We are a young married couple Im 21 and hes 24 living in a high COL metropolitan area. We have beater cars 1999 Subaru and 1998 Nissan Altima. My car, unfortunately, is dead. Were pretty sure its the transmission and the car is so old that we have no desire to pay 2k to fix it. His car is pretty solid. It probably has another year or two left. We are okay with paying a couple hundred every six months to repair the car as needed.We have been looking at cars in our area. I purchased my car off of Craigslist two years ago and that was the worst mistake Ive paid over 4K in repairs on the car. We want to go through a dealer and purchase a certified used vehicle, as were afraid were going to have a bad experience purchasing privately. Our assets:26,000 in the bank10,000 in retirement We have good credit scores and have no concern getting approved for a loan. Were just not sure if we should pay cash or get a loan to continue to build our credit in preparation for a mortgage in the future. If we pay cash, wed like to spend around 5000. If we do a loan, wed like to use the 5000 as a down payment to decrease our monthly payment. We can certainly afford a 10000 car with cash, but its a little painful to see our bank account decrease that much. I would also like to note that we have no debt. We have two credit cards that we use for all of our expenses but we pay them off every month. Budget:Income after taxes and benefits 4900Rentgaselectricitytrashwater: 1600 Gas: 200Grocerieseating out:400 we could cut back on this but we really like to eat lolClothingcosmeticsskincare: 100Car insurance: 200Phone: 123 we both have the newer iPhones Internet: 59.99Medical copays: 20After our monthly expenses, we have about 2000 left over, which we let grow in our bank account. We know we can afford a monthly car payment, but are concerned about the insurance going up itll probably be 300month for the car we purchase. Because of our assets, we like to have high liability. Were comfortable with having a high collision and comprehensive deductible probably around 1000. After all is said and done, between the car payment and insurance, wed be paying 500month. We view a car as an investment and hope to have it for 10 years, which is why we dont want a beater. Our question: should we buy a car with cash or get a newer car and get a loan? Does a revolving loan even mean anything? Thanks!  <response>: Personally, Id pay cash and then pay car payments to myself and save up for my next car. Dont pay interest to someone else when you can have people paying interest to you instead. 