Thread: used or. new
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Old 02-15-2016, 08:14 PM   #18
skiiipi
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Quote:
Originally Posted by mustang766 View Post
The se limited 2016 is 24k and 2015 se is 22k includes taxes nand everything.
I make 12 hour.or 1966 month and within 3 months on job will make 2000 month
Reason im.getting car is company moving n fraser way. If i transit it be 1 hour 20 if i drive its like 25 min according to google maps.
I think I know what you are trying to say, and I understand your need for a car.

But when you are making $2000/month you should not be buying a vehicle that is over 20K.....an 8 year finance does not make sense.

Buy a 5000 car for now, drive it for a few years, and save up. There will be plenty of time left to buy what you want later on.

General rule of thumb is don't spend more than 50% of your annual salary on a car, but NEVER spend more than your annual salary on a car.

you'll make more money later on, and you will be able to get what you want.
you don't want the stress of car payments when you are just starting your career. (Trust me.....I've been there, I bought my Spec B brand new when I was only making $36K/year, and ended up not not being able to afford to insure it and took the bus for a long time)
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