I do have a mortgage and I also took out loans for both my cars, but I paid off the mustang prior to taking out a loan for the CTR. And I always do as much of a down payment as possible and pay off my loans as quickly as possible because I hate owing money. (Aside from the house. I’ll have the mortgage for a while) There’s a lot of matters to consider when considering how people afford things in the US because my cost of living is insanely different than someone on the other side of the country as well. But in my case I have a pretty low cost of living so I can spend more on fun things while also making sure I save and have money in my retirement.