Quote:
Originally Posted by wdfifteen
I had two uncles, one on my mother's side and my dad's brother who both bought a new Oldsmobile every two years. One of them could afford it, the other made car payments his whole life.
I haven't made payments on a car loan since the early '80s, but once I started my business my vehicles were essentially free, so that doesn't count.
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Thats my Question....So your saying if you make car payments, you can't afford it? What if your discretionary or play cash after your obligations, savings, future retirement ect is the amount of a car payment every month....friend of mine makes a lot of money, he and his wife lease a new M series BMW every 3 years. Those lease payments are nothing to him. They both just like having new cars every few years ....he also has a truck that has 185K on it for towing his track bikes and trailer.