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re: Jeremy Hill new ride
Posted on 6/23/14 at 9:06 pm to gerkin
Posted on 6/23/14 at 9:06 pm to gerkin
quote:
it's completely not uncommon to hear of a relatively new college grad earning, say, 50K a year, to buy a 25K car and finance it to pay for it over 5 years. Whether or not this is considered to be wise is besides point of my comment here. these kinds of younger adults assume they will still have a job in 3 years (or if they lose job, would be simple enough to quickly find another).
Here's a common theme you will find among recent college grads.
The ones with new cars dont have student loans.
The ones with older cars are paying their car payment on student loans.
Posted on 6/23/14 at 9:12 pm to thunderbird1100
quote:
The ones with older cars are paying their car payment on student loans.
Wrong, Graduated in 08 with 0 debt and still driving my college truck. Will probably drive it until the fricker falls apart.
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