So I don't know about ya'll but i've been raised never to have a car payment and to earn my way to an expensive car. Hence why I have an older, cheaper car. I don't really know why but i'm having a change of heart and I think I am about to put 70% down for this new car I want and finance the rest. I really don't see much harm in it as i'll probably have it payed off in 6-10 months anyhow, it has an extended warranty and I won't have to wait until fall time to get it..

So how many of you own your cars and how many of you are paying the bank for it?