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Cars and Transportation
Reply to "how much savings to buy used vs new?"
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[quote=Anonymous]OP, I'm in the same boat and was hoping someone would respond to this. This is what I've settled on. I have 20k in cash and while it's probably better to buy new for 35k I just can't bring myself to take out a loan for 15k. So I'm looking at spending 23k used and even though it's not the best financial decision, I'm not saddled with more debt. Sometimes you gotta take what you can afford at the time. I've made some great financial choices in the past, and this is probably NOT one of them but who could have predicted war on top of a global pandemic. [/quote]
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