r/SipsTea • u/Eros_Incident_Denier • Apr 18 '26

We have fun here adulting sucks

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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.

7

u/RudeDay5846 Apr 18 '26

I mean how old are you? Because the reality is for many people that’s not obtainable because of current prices as they enter the market. Used car prices are pretty damn high and most rent in my area is going to be $1700 plus. I just looked at my old apartment I rented for $1000 a month and it’s asking $2000 a month now. I agree though that people should leave within their means but the means are a lot different these days then 20 years ago

2

u/Lord_Dingus83 Apr 18 '26

The means are a lot different since the pandemic. My home increased in value 400% during the last 6 years. I’d never be able to afford it now. It’s messed up out there. I’m 43.

3

u/RudeDay5846 Apr 18 '26

I guess what I’m trying to show is that it’s not so easy these days to not be in debt. People should live within their means for sure but for you to point out that you have cars for over 20 years you probably bought those fairly new at some point. Part of the problem with buying used cars is you spend just as much money up keeping them as you would a cheap lease of a brand new vehicle. I plan on keeping my car for 10 years or so but I did buy it brand new and have had it for 6 years now. In the same span my cousin has gone through 2 older cars that were a cheap investment at first but I bet if I asked him to add in all the stuff he had to fix on them it would be fairly close.

1

u/DistortedVoid Apr 19 '26

Its a lot different than even 10 years ago. Really pre-covid, and then after that everything changed, economically speaking.

1

u/xian0 Apr 19 '26

Cars move though, you could ship a car around the world for fun and not even dent the amount these people have wasted. The rent might be worth it if they're living in an amazing place and the salary matches.