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re: Is buying a $24k car on $50k salary dumb?

Posted on 3/10/15 at 7:09 pm to
Posted by saderade
America's City
Member since Jul 2005
25765 posts
Posted on 3/10/15 at 7:09 pm to
quote:

Is buying a $24k car on $50k salary dumb?
Personally I wouldn't do it but it's not the worst decision in the world. I would look in the 15k range.
quote:

It would be a 5yo german car with 50k miles.

This is a much worse decision.
Posted by Brightside Bengal
Old Metairie
Member since Sep 2007
3885 posts
Posted on 3/10/15 at 7:20 pm to
quote:

This is a much worse decision.


As in buying any german vehicle is a bad decision? If no, what is a more appropriate range on a german car?
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3817 posts
Posted on 3/10/15 at 7:48 pm to
quote:


quote:
Is buying a $24k car on $50k salary dumb?
Personally I wouldn't do it but it's not the worst decision in the world. I would look in the 15k range.
quote:
It would be a 5yo german car with 50k miles.
This is a much worse decision.



This.

Not a bad decision on a new vehicle that will last a while. An older car with 50k miles, no way.
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