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Originally Posted by bavarian19
Im sorry... The best financial situation you could put yourself in is to save up your money and buy a townhome/condo/house. When you buy a 40k car, you are buying a lead baloon. Atleast with a place to call home, you will not lose much money. If you live in the right areas (such as where I do), there is a good chance to make money on your place, and you will be that much better off...
I figured I would do the best of both worlds... Buy a house first and then pay for a 325 in cash... Ill be the first to admit... Parents helped with the down payment on the house, and I paid for the car in cash on delivery.... not bad for a twenty-something  |
Late twenties?
Paying for a car in cash is a great idea, so as logn as you have enough cash to spare for a brand new car.
