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re: What’s your car payment?

Posted on 2/28/19 at 1:19 pm to
Posted by kciDAtaE
Member since Apr 2017
16018 posts
Posted on 2/28/19 at 1:19 pm to
quote:

Let's say all of them have 100k in the bank, and can all get sub 3% interest rates on a loan. What is an acceptable note then? In any of those scenarios, $523 a month really doesn't sting all that bad.


Exactly. Every situation is different. What if you drive 30k-40k miles a year? You would want a nice car. What if you get a hefty car allowance at work? What if work requires you to have a car with certain specs or less than 4 years old?

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