Submitted by [deleted] t3_127l5z0 in personalfinance
Praxician94 t1_jef44y6 wrote
Reply to comment by Schiendelman in Is a $500 car payment too much by [deleted]
Novel idea. Thanks for not being crazy lol. I’m road tripping with my family right now so Reddit does not have my full attention.
Schiendelman t1_jef6jol wrote
Oh yeah, no worries! There are just plenty of sane reasons that higher earners don’t need to own cars. :)
Praxician94 t1_jef76vz wrote
We just bought a brand new van and made sure to do the finances with trade in and down payment to make it around $300/mo. Not opposed to car payments but man do I hate tying up income in rigid expenses. Something about that $500 mark (or half of one thousand in my eyes) is just so unappealing haha
Schiendelman t1_jef7bpd wrote
Absolutely. And here in Seattle that probably means $1000 total cost for a $500 payment.
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