Is this a smart time to buy a new car?

[PsychoAndy]

Originally posted by: Ameesh

Originally posted by: RossMAN

Originally posted by: vi_edit
If your car is getting you to point a from point b sufficiently, and you've had layoffs at your company, it's in my opinion that it would be in your best interest to just bank the money until better times arrise.

Do you have any sort of a nestegg built up for emergencies or the unfortunate layoff?

I agree if it's working just fine and your company is laying off people (although you're not immediately impacted you may be in our uncertain economy) I wouldn't buy a new car.

Although it's a very conservative approach I'd save up at least 6 months of your net salary in a nest egg.

damn you keep 6 months of salary?! i could easily live on 1 year or more on 6 months of salary.

I'm pretty sure that that theres a difference in what the typical AT member says and does.

A la: STAB HER!

-PAB

 

[fastz28]

For you no.

But, if you don't like your car, why don't you find a car you like, of equal value, and do a even trade so there's no increase in payment.