And I'd like you to tell my wife, seriously, about it's
fuel ecomony, insurance costs, etc. (Just how much does a tire cost?)
She's been hounding me for months because she wants one. Well, she finally found one she has the opportunity to buy for $27,000.
She makes $15/hr. And has $7000 credit card debt.
She's sick and tired of her job, and wants to quit.
She wants to move into a larger place.
I just bought a car. Because *I* can afford it and intend to pay it off
quickly. And I could pay it off much more quickly, if I didn't have to give her $4k for a down payment.
We don't have room for another vehicle, for one. We don't need to haul large items, or people. We don't need a tow vehicle, and we don't go offroading.
She drives long distances for work, all over Washington state. She was in Eastern Washington just yesterday.
She has a 6 year old Saturn w/ 60,000 miles. It gets great gas mileage, and has been very reliable. It took her all five years to pay off the $15k 0% loan.
We keep our purchases like this seperate.
Although this is a used vehicle with only a couple thousand miles on it, IMO, she should wait another year or so and let the depreciation truely hit and drive the cost down even further, while saving up to buy one outright, or put a huge Down on one.
Someone, anyone, please tell her this is a [b]bad[/i] idea for her to do.