Forbes: The One Monthly Payment Killing Your Wealth

[Truefan31]

Not buying a beat up 2k car, I rather have something newer with less miles.

Don't have to its up to you obviously but nobody knows your budget. If you can save 300 a month that can get you like a 4K car after one year.

Funny there's this misconception about used cars. Plenty of solid cars at 2k. Real nice cars at 5k and a ton under 10k.

 

[Hiphoplives4eva]

I agree. my wife out here trying to get a new car, when her current car is a 2013. I'm like

I'm driving in a 2005, and not even considering a new whip. not trying to throw that money out the window.

Get ya wife in check. Dumb decisions she makes will hurt you both.

 

[Hiphoplives4eva]

Got a 2015 F Type right now and my Fiancé has a 2012 RR HSE. Her car is paid for. Mine isn't


I'm pretty sure I'd prefer the extra cash in my pocket too. But you gotta treat yourself sometimes.

My LR4, and Porsche are paid off. Car payments? We off that!

 

[ThiefyPoo]

Get ya wife in check. Dumb decisions she makes will hurt you both.

Do you agree with this thread ?

Do you think you wasted your money on your Porsche ?

Considering you made sacrifices way before you got it .

 

[Based Lord Zedd]

I managed to avoid a car note forever but finally had to do it earlier this year.
Last car I paid cash for broke down on me constantly and had me renting a car whenever I needed to drive away on vacation.
Going from no car note and easy insurance payments, to what I'm on now.



Hoping this is the first and last car note I ever get. Also hoping I can fukk around and pay it off early.


I've driven everything from beat up cars, old cars, to a mercedes.
Cars really aint shyt to get that excited over. Could hit the lotto tomorrow and wouldn't go nuts over cars.

 

[Hiphoplives4eva]

Do you agree with this thread ?

Do you think you wasted your money on your Porsche ?

Considering you made sacrifices way before you got it .

I agree with the thread most definitely. If you can afford it, it's okay to buy a car.

I most definitely didn't waste my money on the Porsche because

• Bought it used.
• It's a classic car in high dmeand. I can easily get back what I paid for it now if I wanted to sell it.
• It's paid off
• I could afford it.

Nothing wrong with buying luxury items if you can afford them. I wouldn't recommend going into debt over one though.

 

[ThiefyPoo]

I agree with the thread most definitely. If you can afford it, it's okay to buy a car.

I most definitely didn't waste my money on the Porsche because

• Bought it used.
• It's a classic car in high dmeand. I can easily get back what I paid for it now if I wanted to sell it.
• It's paid off
• I could afford it.

Nothing wrong with buying luxury items if you can afford them. I wouldn't recommend going into debt over one though.

Folks in here acting like you aren't suppose to get a car period

$300 payment

That shyt ain't even that much depending on how much you make .

Of course $600 car note is crazy even if you got it but who am I to say if you can afford it

I think you had a great plan for your Porsche and it worked out well .

 

[Apollo Creed]

Folks in here acting like you aren't suppose to get a car period

$300 payment

That shyt ain't even that much depending on how much you make .

Of course $600 car note is crazy even if you got it but who am I to say if you can afford it

I think you had a great plan for your Porsche and it worked out well .

300 dollar car note is dirty cheap lol.

If you got a 100 dollar car note chances are its something you should have saved and paid cash for.

The real juug is car insurance.

 

[ThiefyPoo]

300 dollar car note is dirty cheap lol.

If you got a 100 dollar car note chances are its something you should have saved and paid cash for.

The real juug is car insurance.

Thats what I'm saying they in here tripping .

 

[Truefan31]

It's a mindset. Debt=risk. Why make someone else richer when it should be you. Why owe money when you don't have to.

 

[UserNameless]

That is how I do it with these cars man. I just don't believe in paying interest on a item that depreciates.i hate giving the bank free money on shyt that won't increase in value.

I have bought all my cars cash. Bought my wife a 2014 Honda accord cash last year. Then took her ride and gave my old ride to my nephew.

Real shyt

 

[Kamikaze Revy]

You married?

Yeah

 

[Originalman]

Yup. It's why experts suggest if you want a home to save on top of having an emergency fund of about 6 months. But people just get more than they can actually afford. It's why cc debt is a problem too. Excess.

Yep

 

[Amerikan Melanin]

If you really got it... go for it.... but if its a slight strain, then why do it.....? And what does that nice car really bring you that actually boosts your self esteem...... if you pulled a bad bytch with that car, I can show you someone in a 2003 Taurus with a fukked up passenger door that pulled the same chick

Who's talking about bytches?

Some people actually get a thrill out of driving,how a car handles, how it sounds.

 

[Mr. Jack Napier]

That is how I do it with these cars man. I just don't believe in paying interest on a item that depreciates.i hate giving the bank free money on shyt that won't increase in value.

I have bought all my cars cash. Bought my wife a 2014 Honda accord cash last year. Then took her ride and gave my old ride to my nephew.

Not to sound nosey, but those cars run for about 15k & up used. So you just had 15k just lying around?