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Reply to "Tell me how much I can afford to pay for a new car"
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[quote=Anonymous]My 12-year old Mazda just died and it will cost too much to fix it. I need a new car, but I can't decide how much I can afford to spend. Help me out: -38 yrs old, one child -$140K/yr income - roughly $400K net worth, but only $45K in liquid savings (the rest in retirement and college savings) - currently saving about $1200/mo in addition to TSP [/quote]
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