Re:You gotta be rich to own a cheap car
by phkahler on Thursday February 05, 2015 @03:13PM
(#9005683)
>> How exactly is paying $300-$400 monthly for a new car "throw away" money? It's going towards the ownership of a useful piece of property. Maybe the author is talking about leasing? I don't know.
He's talking about the difference between that monthly payment and paying cash for cheap used car and not having the payment. If you spend $2000 on a crappy car that you maintain yourself, that monthly payment seems like throwing money away. The whole point of the piece is that's not even close to the whole story.
He's talking about the difference between that monthly payment and paying cash for cheap used car and not having the payment. If you spend $2000 on a crappy car that you maintain yourself, that monthly payment seems like throwing money away. The whole point of the piece is that's not even close to the whole story.