4 ms·
You can get a low end new car with a payment of only around $200/mo and buying used is significantly cheaper still. You don't necessarily need to possess a car,
by jjk166 6y ago
You can get a low end new car with a payment of only around $200/mo and buying used is significantly cheaper still. You don't necessarily need to possess a car, but if you don't have the financial means to possess a car then you really can't afford anything beyond the absolute most basic necessities. In a developed nation, that's barely surviving, not living.
- randallsquared 6y agoThis is yet another surprising thing to a lot of people: cars can be very, very cheap in the US: insurance and gas can cost more than a reliable used car. I just sold a perfectly fine car for less than $2000, having bought it new 10 years ago. Someone else will probably buy that car, after a few cosmetic things are fixed, for $3000 or so. It's spent most of its life south of Pennsylvania, so it doesn't have road salt damage, and will probably last another 10 years or more with regular oil changes, etc.