I just used $500k as an example. Equally valid if you want to get a used car for $10k. if you don't have close to that in savings, then you probably can't afford it, loan or no... (caveat, a car in western society is in many ways a necessity... I acknowledge that).
Some one should bring back lay-away.
That's funny. Bring back layaway! That will be a good title for a song. Lol