So the 4k car would not pass our safety tests. So can't really compare that to American cars. The cheapest "full size" car I know (not smart car or similar) is

So the 4k car would not pass our safety tests. So can't really compare that to American cars. The cheapest "full size" car I know (not smart car or similar) is something like a Toyota Yaris (~15k base), most manufactures have something around here. They have 4 seats and passes all the safety tests. For why finance: I counter with - why not. If I can buy something nicer than I can afford outright, with a payment that fits in my budget, why not? Borrowing money is a fanatic tool when used responsibly. Sure I could wait until I am 50 and save up the cash to buy a house.. or I can take out a loan and buy one at 22, and get 28 more years of enjoyment out of my house.