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What happened to live fast and die young? Spending 5k on your lil whip sounds like you living fast on a budget.
If you were making $44k to $48k a year, can a person afford a $36k car comfortably?
What happened to live fast and die young? Spending 5k on your lil whip sounds like you living fast on a budget.
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Wait what?
This would be a valid observation if didn't you know make a post asking our opinions.
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So much stupidity in this thread 
Trying to get sports cars before they paid off they school loans
Trying to get sports cars before they paid off they school loans
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Comfortably? Sure if it's attained illegally or with illegal funds.
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... Again I'll say... Lease it. Absolutely no logical reason not to if you're getting payments either way...
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Of course, no dispute there. But to say basically say someone making 250k a year, every year might be in trouble buying a Cayenne is ridiculous.
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Be smart OP,
Worry about landing a job 1st then worrying about getting a car down the road.
Worry about landing a job 1st then worrying about getting a car down the road.
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Why would someone logically make lease payments when they can buy? Most financial experts agree it's cheaper to buy a car instead of lease since you're only paying the dealership for the depreciated value of the car over the term and are limited by mileage and work you can do on the vehicle.
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Only in America.
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Not a good idea to me personally. What's wrong with the car you have now? Any maintance issues? Or do you just want to get a new car just bc? Your best bet would be to not get a new car at the moment. Think I seen you have a student loan? If so start paying that off ASAP, its not gonna be easy paying a car note and your loan monthly so why would you want to do that to yourself?
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Cars are a depreciating asset... honestly there is no reason to buy one unless its a classic that is gaining value, or you are certain that it is the car you want for a while. Car payments, plus interest, means you pay more than a car is worth, all the while it is losing value tremendously. With a lease you are only paying for the period of time in which you are using it, which is basically that depreciation amount that ppl lose when they drive their new cars off the lot. Not to mention the time value of money and the fact that having your money tied up in car equity is ridiculous as it could be put to better use elsewhere. Bottom line if you don't/can't buy a car cash, its not the best move financially, this is even more true with a 5-6 year payment... just think of all that absurd interest...
D
Deleted member 38182
Guest
what..... OP was asking "If you were making $44k to $48k a year, can a person afford a $36k car comfortably?"
Pretty sure he was asking for advice on his money
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@ OP tryna Artificially Increase His Status like a Woman/FemaleWhy not focus first on becoming Successful instead of trying to appear successful?
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Just cop da salvage?
If you tryna stunt like Wayne's daddy
If you tryna stunt like Wayne's daddy
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No, dude.
You should be asking, "Can a person making $48k a year afford to save $36k comfortably." Much better question.
You should be asking, "Can a person making $48k a year afford to save $36k comfortably." Much better question.
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max should be a third of what you make yearly, even then i think its too much
save up for things that hold their value, a car is the worst investment people make
save up for things that hold their value, a car is the worst investment people make
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Reported for trying to hurt my feelings
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solewoman
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If I could do it over I would have bought a used Toyota. I bought a brand new car (scion tc) when I first got a job making 42k. It's paid off now and I make double that now... I'm riding around note free and happy as can be. 
al audi
Banned
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If I could do it over I would have bought a used Toyota. I bought a brand new car (scion tc) when I first got a job making 42k. It's paid off now and I make double that now... I'm riding around note free and happy as can be.
You know damn well you're tired of that scion. Ya def mentioned gettin an A6. You deserve it.
solewoman
Staff member
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Haha yup I am tired of it. Buuuuut I surely want to get my student loans down which I'm doing now. I plan on getting my a6 when I get back to the states
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Hey I saw that you make double now. I'm currently stranded and I'm trying to get back home. Can you paypal me $509? Please I just want to go home.
solewoman
Staff member
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^^ haha yeah right I know you ballin