I bought my wife's car on a contract. £200 a month including all servicing, tyres etc. A 2 year contract which I could pay off at any time, but it seemed an efficient way of not using capital. Everything else I own outright.
This makes absolute financial sense I just have this aversion to borrowing money and am probably cutting off my nose to spite my face.
The doctrine I was brought up with was " Neither a borrower nor a lender be" not very current though and possibly not the best advise viewed today. Especially as it dates back to Will's days...
