Quote:
Originally Posted by Vanilla Thunder
All I can afford now is to make a down payment up front. Only $9,000 is all I can put down. But I need a new car as my old one has bit it, I want something that will last me forever as I'm not the type that likes to get new cars every other year and whatnot. My fiancee' takes me to work now, my old car bit the bullet last week lol.
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I just bought an 02 Ranger Edge with 80k for 4600 cash, runs perfect looks great and best of all, no car payments.... Lots of nice cars out there, take your 9k and buy something with 40k on it and drive it until you have enough to buy your next one cash... Its a a lot harder to let go of 30k when you actually have 30k and you are handing it to someone else...
30k vehicle
Payments 500-700 per month
extra insurance costs probably 100 per month
depreciation is 100 per week for the first 4 years you own that car...
so basically that car is costing you 1100-1500 bucks a month to drive..
Hope it rides good
