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Reply to "What’s your monthly car payment?"
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[quote=Anonymous][quote=Anonymous]anyone with a car payment is living beyond their means. Besides,, a vehicle is one of the dumbest purchases someone can make. Depreciates extremely fast plus gas, insurance and maintenance costs Instead go lower on the vehicle and buy a house closer in or if you have kids in a better school district or have that much more to spend on private school. All 3 are much better long-term investment [/quote] The ignorance here about how most people in the country get by is pretty mind-boggling. I'm thinking about DH and me ten years ago-- we were both still driving our high school cars. One of us in grad school part-time. We lived in a suburb, one of us had a 15 minute commute, the other a 30 minute commute in the opposite direction. No real public transportation. One of our cars died. We didn't have the cash on hand to plunk down for a car. How was financing one so that we could continue to work at our jobs dumb? Or is the assumption that our parents would have bought one for us? [/quote]
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