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Reply to "At what HHI would you feel comfortable buying an $80-90k car?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d do it now at 500k, just not a car person. What would the payment be in something like that? 1.3k/mo with some money down? That’s just noise. After all my deductions, including 2 401k, health, HSA I’m bringing in nearly 25k/mo. I’m not gonna miss 1300.[/quote] If you need to do it on credit, you shouldn't be buying it. Seriously, I haven't had a car loan for 20 years. And don't give me any BS about your money working for you. The last 6 months have proved that's not the case.[/quote] I always buy my cars with a 0 or low interest rate loan. Has nothing to do I do with needing to take out a loan. Please don’t tell me I have spell out the why to you.[/quote] Good luck finding a 0% rate after the Fed hikes rates again tomorrow. Those days are over for a while. [/quote]
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