[Turbowned]

Originally Posted by bdub85

Investing in a 401k > buying a new car.

I started my 401k at 21, and it's up to 100k now. (I just turned 27)

This is why I don't want to get the car. I'm torn between investing and having any reasonable amount of wealth in my lifetime and enjoying life right now. The way I see it now is, I haven't been able to save any money thus far, and I'd probably continue to dump my savings into old cars, so might as well dump it into a new car that will retain some measure of value in the next 5 years. As opposed to my '87 $#!tbox that isn't worth hardly anything. I do need to start a retirement account immediately, though. I've got a little put together but it ain't much.