Okay so my sister is enlisting in the army, entering as an E3, so somewhere in her mind she thinks that she'll make enough cash (1706 per month) to get a 2011 car(mercedes 34,000), she figures around the time she tries to buy it in 2012 the price would have dropped atleast $2000. Is she burrying herself before she even starts her life ? She will enter basic this august and has a 5,000 bonus. She wants to put 7,000 down and pay the rest off in 5 years, she figures it'll be no more than $600 per month for the payments and insurance worst case scenario. This can't work, can it? Or most importantly, do you suggest she do this ?
Enlisted soldier buying a new car?
- Thread starter TaKeya
- Start date