Originally Posted by
DeltaboundRedux
Never in my life have I spent more than $5000 for any car. Always paid cash. Take care of them and drive them into the ground.
Cars are utilities, nothing more, unless you can afford better.
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"It's really expensive to be poor" is true enough though. People making $30k/yr can't afford a cash car for $5k and get sucked into 7+ year loans for USED cars. Which they can't afford to take care of. It's a vicious cycle.
I have suits and watches that cost more than 5k.