Quote:
Originally Posted by Saul Good
Nice. You may have noticed that I'm not a car guy (especially for a 31 y/o). I've got a six figure income, and my wife's car and my car combined probably aren't worth $10,000. They both look nice and drive perfectly, though.
I just can't justify shelling out money for a new car. (To myself. Nothing against anyone else buying one.) I bought mine for about $17,500 when it was 3-4 years old with 36,000 miles. It was in mint condition and would have run close to $40,000 new. I figure I'll hang onto it for about 3 more years and unload it. If I can get $1,500 for it, that puts it at under $200 per month.
My wife bought her car right out of college for $8,000. We'll probably get rid of hers about the same time as mine. (By then, all of the people who can't afford their cash for clunkers car should be unloading them for a song.) Her cost will be about $100 a month.
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I understand, and admire that.
Our other car is paid off, and still in great shape, so we just have the one payment.
What I don't get are the people that have extravagant cars and can't afford them. You know, the people that live in a trailer park, but drive a $60,000 F-350 Dually with every available option to their job cleaning bathrooms in an office complex.
But hey, to each their own.