How do you afford a big purchase like a car?

[Iwasjustasking]

my car is on its last legs and unfortunately I haven’t been able to save towards a new car, what do you do? Loan/finance? I don’t want a brand new one, more than happy with a second hand one but just wondered how other people do it?

Cash, saved from earnings or bonuses. Never finance, it scares me.

My previous car was 3k and 14 years old when I bought it from a dealer. It was 20 years old when I part exchanged it (for hardly anything) last year for an 8 year old car that cost me £7k. I used to drive flashy sports cars, not anymore, I buy boring, practical, reliable. I change cars as little as possible.

Bank loan. When the loan is paid off the car is yours.

Loan from the bank. Three years.

Finance or back loan.