Quote:
Originally Posted by Tcoat
There are several 19 year olds on here that managed to buy the car on their own. Not sure what is so shocking about it.
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Only a small minority of Americans are well off enough to afford a new car.
Seriously a small minority, I'd say less than 20% of the country is in the position where buying a new car ISN'T a financially irresponsible choice, a few tens of millions of people can do what OP has done without risk. The fact that he's young makes it even MORE unusual.
Yes, from your perspective this is a cheap car, but for a lot of people (like hundreds of millions of people) a $5,000 car is a 'nice car'
#privilege
I sure as hell couldn't afford this car without help from my parents, they gave me a place to live with cheap rent and helped me with college expenses. They didn't put a cent towards my car, but I wouldn't have any money to put towards my car at all if I hadn't had their help and I'd probably still be driving a $1,000 pickup truck.
Nobody does it on their own, someone put food in their belly and clothes on their back and made sure they could read and write and add and subtract.
Congrats OP on the nice car, be careful with your money, it seems like you're living the big life now but one bad car accident or some accrued debt and you could be behind for the rest of your life. Have a safety net, don't let interest pile up on you. Best of luck.
