I will definitely own a nice car someday. I am a car enthusiast. I really want a muscle car, or really just a v8. I love the thumping, throaty V8 sound. But spending a lot of money on a depreciating asset needs to be done with careful consideration. If you have the money, do it. If not, don’t.
My family are almost all new car buyers. My dad, aunt, grandparents, all buy new cars, for around the 20k range. But the key is they keep them a minimum of 10 years. So it works out ok for them. My aunt has 2 million in savings, and she is 48. So it is fine to spend on a nice car if you can afford it (she just bought a new Murano).
My family are almost all new car buyers. My dad, aunt, grandparents, all buy new cars, for around the 20k range. But the key is they keep them a minimum of 10 years. So it works out ok for them. My aunt has 2 million in savings, and she is 48. So it is fine to spend on a nice car if you can afford it (she just bought a new Murano).
Last edited: