Reply to How much are you paying for your car?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Serious and not snarky question - why do you not have more money saved to put against the car, either outright or a downpayment? You are essentially financing the entire car.

If your finances are that tight and you don’t have the ability to save more, then you probably should be looking at a used car. $25k is the price of a modest new car, but it still sounds like more than you can afford. It’s one thing to take them up on 0% financing for about half that amount, but not the whole thing.[/quote]

I love it when out of touch rich people respond.  We didn't have money saved up because our 10 year old car died earlier than we expected it to (it was very well maintained but at this point, repairs would have cost more than the car was worth) and [b]with two kids in daycare and a mortgage, we are not saving much outside of retirement and 529s. [/b]We intend to drive this car for at least 10-12 years so buying new made more sense than buying used.  [/quote]

Isn’t this you OP? You made your decision, not sure why you are so defensive about it.[/quote]

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