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A comment on Renting is Throwing Money Away, Right? (2015). Parent comment

Re:Renting is Throwing Money Away, Right? (2015) by ShadowFaxSam on Monday April 23, 2018 @08:40AM (#16902837)
A 3 year term would not have been possible at my then current salary to finance the car. The standard term period (when I was buying) was 5-5.5 years.

In hindsight its easy to look back on what I could have done differently, but I guess that's point. When first graduating, I wouldn't recommend entering into even a medium term financial commitment as things can change so quickly within your first few years in the professional world.

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Re:Renting is Throwing Money Away, Right? (2015) by spicymaki on Monday April 23, 2018 @11:34AM (#16904308)
You could have also purchased a used vehicle at a 3 year term. I bought a new vehicle out of college and paid an high interest rate with expensive insurance over a 5 year term. It would have been great to reinvest that savings into the future.
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