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Ward's point wasn't a rebuttal against buying a car over say, a house.
Instead, what he is saying is that it's stupid to buy a car using straight-cash in one lump-sum payment for the whole cost...you end up losing potential money you could have earned had you financed the car...UNLESS your cash source was always in some sort of appreciating asset (i.e. mutual funds, stocks, CD, etc.).
EDIT: whoops, tzf posted something analogous.
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I'm sorry about my outlandish behavior - there's too much blood in my alcohol system.
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