2 ms·

I should have pointed out that $20K is your max budget, and you don't have to budget your max. Getting a nice used car for $4K is a bit challenging but do-able.

I should have pointed out that $20K is your max budget, and you don't have to budget your max. Getting a nice used car for $4K is a bit challenging but do-able. Under $10K opens up a lot of options for you. But yes, we're both in agreement that paying the kind of money people are paying today for a car is unnecessary. It's about want more than need.

BizarroLand 2y ago
They say you should try to never finance more than 20% of your annual income on a car. Make $60k? Find a car for $12k or less. Find a perfect car for $13k? Pay the extra $1,000 down. Hard sell but cars are such a waste of money in almost every aspect. They shouldn't tank your ability to afford your life any more than they absolutely must.