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Yes.
Regarding cars, America has a huge used car market. Many international students get a car within the first semester. The price of a decent and fairly reliable used car can be around $2500. One can get even lower priced car also but then, maintenance and odometer reading will be high. If someone wants to buy a new car, and if they can get a loan approval, then they would pay just low to mid single digit percent in interest. So, if someone is not worried about taking loan, they can go for a nicer/newer car without having the money in hand.
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