Quote:
Originally Posted by 68style
I'm close to making a decision to get one in this range (after taxes) and I haven't bought a new car since 1999... always just drive fully owned <$10k used cars all the time and been totally fine even as a car enthusiast.
I think it's more complicated than affording though... like I seen a lot of people die around me the last couple years... couple friends the same age as me, couple older relatives and recently a close family relative last week.
I decided that even though my annual income does not in any way justify that sort of purchase, and I get sick to my stomach imagining signing paperwork on it, I have relatively little mortgage left and I can sell a few other cars that have appreciated notably in the 10+ years I've owned them and just want to live a bit for a change. I've never had a brand new powerful car and want to.
I wouldn't say I'm going like YOLO or anything... but definitely any financial advisor would say that it's not a good idea for me. A life advisor might disagree.
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I came to a similar conclusion after being in a similar boat. Except for the appreciation part, my cars are still worthless
