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Reply to "Car ownership is now a luxury"
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[quote=Anonymous][quote=Anonymous]It is an insane expense for a depreciating asset. That’s why I drove an old crappy corrolla. Try to keep costs low as possible. If you want wheels if you can manage to keep the annualized cost incl insurance to around 100/mo on average that’s a “good” deal. So if you want wheels - 100/mo minimum and that’s driving some old pos [/quote] And work to save for the next car, while you have no payment and are driving the car into the ground. Then your monthly payment on the next car will be much lower. [/quote]
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