Cars are NOT an invesement, it's a luxury.. that being said if you bought the car rigth before covid, good chances are you would make money off that purchase as used cars sale prices are at an all time high.
The most expensive car I bought was a subaru outback for my wife's birthday. It was a year old with 8 thousand miles on it. I paid 17 k for it which was below market value. We've had it for 15 years now without any problems.
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Cars are NOT an invesement, it's a luxury.. that being said if you bought the car rigth before covid, good chances are you would make money off that purchase as used cars sale prices are at an all time high.
Ahhh COVID CARS. lolxx
The most expensive car I bought was a subaru outback for my wife's birthday. It was a year old with 8 thousand miles on it. I paid 17 k for it which was below market value. We've had it for 15 years now without any problems.
Mine was Over 10 Grand. Good On Gas When I had had it. xx
My first priority when buying a car, whether new or used, is reliability.
Great!!! xx
Nope I prefer used and affordable! I’m way too cheap for that
Smart!!! xx
Cars depreciate. It's only an investment if it appreciates in value
Exactly. xx
If you can find a good used car for that price. You don’t need to have the latest, greatest and shiniest. Then no. You don’t need to spend the money.
Exactly, @Surely xx
Heck no! go with something that fits your budget, girly!
Exactly. xx
If you have no other usable car, and a stable source of income that can fit the loan terms; I say go for it
Okay Then. xx
Most decent cars were I live are more than that, but most things are inflated here. I just will not overspend or go into debt for one.
Exactly. xx
Depends if the car is worth that before investing more into it, cars cost a lot these days if it has low mileage
Show and Tell. lolxx
Maybe if there weren’t so many idiots on the road.
lol Hey, Just Thinking of You. xx
Oh? In what way?
I just put out about twice that on a new vehicle.
Wow!!! Prices these days. xx
Cars are not usually investments. They are tools. If DO you buy a car as an investment, you don't drive it.
Zooooooom. lolxx
Cars aren't an investment because they depreciate rapidly once they are driven off the lot.
Exactly!!! xx
That would be determined by your income and need.
Not Thinking Because You Work for the Neighborhood Center in Maybe a Social Worker (Not sure how True That is even) But No Need. lolxx
I think i spent exactly 15k on my car
So we're on the same page Paris
But if i had the money I'd spend about 50k
👍
Wow!!! xx
I don't drive that much
During the week i cycle to work.
So it's only for shopping, dropping the kids off. Collecting.
My next car will be fully electric
So I'm happy to wait
And no repayments
I personally can't afford it but if you can I'd say why not (:
Have Had Those High Car Payments and No Fun. lolxx
Im still saving up to get a car
Heh, if you want four wheels and its motorized 15 G's is pretty much the lowest you could go.
How about though Front Wheel Drive for That price? lolxx
5 years old probably could. Maybe less. But who wants a car? Pickup trucks.
It can be if you need a large car for family, business or for some other reason.
Okay Then. xx
I don’t consider cars and Investment. Just a cost of living.
Yeah, High Biden One, hun. lolxx