Finance a car, or buy a car with cash prior to pre approval of a mortgage?My lease on my car is up in one month (approx same time of pre approval). I'm stuck either financing a decent car, or buying a cheap car with cash. Is it better to have a car payment on my credit report and have more cash in the bank, or have no car payment with less cash in the bank?December 05 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.