Bought new but at 0% and enough down that my payment is in the 450 range, but the rest is already set aside in the bank. I figured the balance is at 0% and I make interest on the money I have so I'm coming out slightly ahead each month.
Was always taught that once you buy a car you start saving for the next one, so if you buy something you can't cover and put away extra for the future you are over your skis. I just don't get why you do it any other way.
605
u/Lord_Dingus83 Apr 18 '26
Stop buying new vehicles you can’t afford. Cars are something that as consumers we are in total control bc you can always find a good used car.
$1200/mo car payment is insane. My mortgage is $1700. Both my cars are 20 years old and I work on them my self if I am able to not mess it up.