C
Ci Ci
Guest
more right out of college? Not talking about myself, but just observation from other people I know.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Is it a good idea to get a brand new BMW or Lexus if you are making over $55,000 or
D
darkskyline420
Guest
Here is a tip, If the price of a car will cost more than your take home salary for an entire year, then you shouldn't buy it. An automobile is definitely NOT something you want to cut it close with money on.
S
shortnsweet
Guest
check into this software that can help you buy what you want and pay it off faster..... www.u1stfinancial.net/cindyro. People can buy what they like as long as they can pay for it now there is a way to help people be a little more into making the right choices
N
Nettie
Guest
No. I know that seems like a lot of money right out of college but if you (or whoever's) taste is that of BMWs then you are going to want to spend a lot of money on other things, too. Having a car payment for a luxury car will not allow you to afford much else. Buy something more practical (look at Consumer Reports website) and you can still get a nice/impressive looking car for a reasonable price-especially if you look at pre-owned/used cars. There are tons out there with barely any miles and still bumper to bumper warrantees.
P
pedobearwinrar
Guest
Yes. It helps you pick up chicks. More bang for the buck.
M
MayK
Guest
No. It's not a good idea. That goes to show where one's priorities are. Investing in a good home should be #1. Get a good car like toyota or honda. They are efficient and reliable.
Since you;re out of college, why don;t you save up and get a second hand car first? You can go to this website called AllTheRides.com which has a pretty good list of second hand cars to pick from.
Since you;re out of college, why don;t you save up and get a second hand car first? You can go to this website called AllTheRides.com which has a pretty good list of second hand cars to pick from.
M
mel
Guest
not unless you pay cash.
Y
Yulia
Guest
Not if that means you'll live in an apartment instead of a condo or a house. I think it's more important to have a home than a nice car, because then it looks like you're just trying to show off.
Y
Yulia
Guest
Not if that means you'll live in an apartment instead of a condo or a house. I think it's more important to have a home than a nice car, because then it looks like you're just trying to show off.
J
jimulik
Guest
No, very bad idea, save your money and invest it so that it grows.
Don't be stupid, why buy a expensive new luxury car that's going
to depreciate 20% as soon as you drive it off the lot !
Cars are liabilities, invest your money in something that will one
day become an asset to you !
If you want to buy a car, buy a used car and pay cash for it if you
can.
Don't be stupid, why buy a expensive new luxury car that's going
to depreciate 20% as soon as you drive it off the lot !
Cars are liabilities, invest your money in something that will one
day become an asset to you !
If you want to buy a car, buy a used car and pay cash for it if you
can.
S
Sarah D
Guest
$55K really isn't that huge of a salary, not worthy of a BMW or Lexus. Be more realistic and put money into savings so you can afford a home. Buying any new car is never a good investment because you will lose thousands the second you drive it off the lot.