Quote:
Originally Posted by @Art_Mighty
I have done all of the above
> Stuck it out in a beater
> Bought the shinny awesome car I could barely afford
> Spend and lived within my means
Personally I had to get the shinny awesome car out of my system. It was all I thought about for years. When I bought it, was everything I wanted it to be and I didn't suffer a bit of buyers remorse. If you really want something you'll make it work. In the same breath that short term decision had long term consequences. Life is too short to begin growing regrets, those sorts of things eat away at your soul.
Honesty it's just a car; don't make the mistake of wrapping your self-esteem around material objects.
^^^^ This is single best piece of advice in this thread. Spend $5000 dollars down on a $10,000 nice used Miata with low miles. Parts are cheap, they're easy to work on and there's a zillion different ways to mod one. They're VERY good drivers cars. It's a safe way to build credit. The payments are affordable and the car's fully depreciated so it's easy to get out of if you need to. Your buddy's will give you grief but chicks dig em. It's a WIN WIN WIN situation!  |
but it is usually harder to get approved for a loan on a used car (older than a few years) than a new one