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Reply to "Finally entering six figure land. New car or pay down loans?"
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[quote=Anonymous]Battery died? Brakes? Thats normal stuff. The car is GOOD. You can take it to 250-300k easy with maybe 4-5k over the next 2-3 years. If you arent driving into work now, it DEFINITELY isnt an immediate concern. Pay off as much as you can while the interest rate is at 0%. Make sure you have 3-5K extra set aside for car repairs. You live in DMV correct? You can get an Uber, Lyft, Taxi in 10-15 minutes to get to your job if needed. If you can work in a WAH agreement at the end of 6mos-1year to 1-2 days WAH, you will be able to use the car even longer. Car repairs still happen with new cars. You could get a lemon, you could get in a fender bender, etc. And if its about girls, let me tell you something. The type of girls who wouldnt date you because you drive an old civic will always want more. As a female, I am more impressed by a person who thinks ahead, saves, and doesn't blow money on materialistic items. You have a car that works, use it. Youve got a watch that works, wear it. Etc. [/quote]
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