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Reply to "What is the limit for what you should put down on a vehicle?"
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[quote=Anonymous]I got my car at 0% in May 2024 with 0% down. I actually got rid of a Honda. I sold it and put the cash in the market where it has already doubled. I also wouldn't buy a $41k car. $33k was my max. As a retiree, where do you need to be driving? It's contradiction to me that you are overbuying, overpaying for interest rate, not getting any return for the $20k cash while going for a more expensive car. I wouldn't sleep at night either. As a retiree, I'm really not driving much. [/quote]
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