Say you for offered a new job paying over 100k but the commute is over an hour one way. You’re gonna need reliable transportation right?
The average car note in the US is $400 for a used car:scusthov:
- Thread starter GoFlipAPack
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Say you for offered a new job paying over 100k but the commute is over an hour one way. You’re gonna need reliable transportation right?
Used cars can still be reliable breh. I’m not talking about buying beaters that got 150k miles already racked up on it.
Yep. Especially if you get a car with good reliability. You can cop a used accord with even 100K miles and be certain you can put another 100K on it with minimal maintenance (granted the previous owner was diligent about maintenance).
I paid off my car and saved at least $1k on interest alone. That’s after getting it refinanced to lower rate which went hideous to bad. I learned expensive lessons about car buying. Something that’s not mentioned is dealership finance managers (they make money off commissions) pad the loan with expensive warranties and other hidden fees.
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i become a male chauvinist when it's car buying time. no woman i care about is going to a car dealership by herself.
Depending on the payoff amount at the end to own it that might not be too bad.
Leasing is the most expensive way for the average person to own a car. Unless it's a business expense or a short term living situation you have to use faulty logic such as in 3 years I'll want something new anyway to justify a lease.
You have a mechanic check out a used car and either get the maintenance records or check to see if it's been taken care of on Carfax which logs regular oil changes and basic maintenance.
Renting a living space is nowhere near the same level. People who can't afford the maintenance or upkeep on a home are usually in a situation where renting makes sense. Also people in short term living situations. Renting is a blessing for people that need a place to live but can't afford a home. Renting a home in the long term is more expensive and home ownership but in the short term it's cheaper and more affordable.
Many people use car leases or financing to get cars they can't actually afford. My car is financed but I have enough liquid cash or easily sellable assets to pay the rest of the loan off and not really have it financially impact me at all. I financed an almost trivial amount and put about 60% down. How many people go to finance a car and put even 50% down? People finance cars and usually put down the bare minimum and get more car than they can afford otherwise.
Yeah that’s a rape just on the down payment alone, Did she get the base model or top of the line trim?
Yeah they was killing me on my car note for my charger man...even though I had a decent govt gig at the time shyt was costing an arm and a leg...
Next whip I get pure cash no bullshyt anymore, no more notes just liability because here in NYC it's a fukking racket...
how much you pay for insurance?
ORDER_66
I dont care anymore 2025
Man I was doing $450 a month at least...
they said my car was classified as a race car or premium car of some shyt...Man I was doing $450 a month at least...
these insurance rates are high for what they offer too
ORDER_66
I dont care anymore 2025
Armchair Militant
Stay woke
I'm in the market for my first car...cash only. I was looking to spend 10k on a Camry or Accord. Not sure if I should even spend that much. I don't have a lot of reasons to leave the house at the moment.
I'm in the market for my first car...cash only. I was looking to spend 10k on a Camry or Accord. Not sure if I should even spend that much. I don't have a lot of reasons to leave the house at the moment.
Prefer Camry if you want the absolute best longevity. For 10k you can def get something really nice.
whats a long lasting SUV with low total cost of ownership?
