Comment Re:Do not want (Score 1) 192
The price of cars is getting ridiculous compared to wages as it is. My wife is shopping for a car and you know what the standard financing is now? 60 months! And some people go out to 72 and even 92months! All to keep the payments affordable. In the meantime, the finance companies are raking it in at the expense of us.
I was with you up to this point. There's almost never a good reason to finance a car (plus most exceptions involve having enough money banked that you could buy it outright if necessary), and a decent new car should still run you under 20k. If you can't save up enough for that in a few years, then learn some basic maintenance skills and buy a used one. A lot of cars depreciate several thousand dollars after just a year or two.
It's all a matter of optimizing your financial decisions. If you want to drive around in a $90k BMW X5 because it makes you feel important, you'll either have to be rich or make sacrifices elsewhere. If you don't want to make sacrifices elsewhere and aren't rich, then I'd highly recommend a few year old used Hundai Elantra, Ford Focus, or Mazda 3. If you want sporty, a super nice used miata can be had for under 10k (one with paint damage and the like can be had for 4k)