Clark_Kent
Senior Member
Bolded for emphasis. This is all that matters. You don't owe anyone here an explanation on how you spend your money, manage it, or how you view it.Ok, let me clear this up.
It is not that I can't afford the car or the payments, but I also have other plans and do not want to be paying this loan back over 6 or more years at an amount that prevents me from buying other things or saving more money rapidly.
Anyway, I appreciate your opinions, I have financed cars going back to the early 80's, I am comfortable with making decisions that work well for me and my family.
Sure, I could have taken the car with $5k down and lived with a 980 payment for 6 years, but to me, that is just too much of a monthly obligation while also thinking about buying properties, other cars and just saving for other opportunities.
To each his own.
Matt
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