Originally Posted by CARJ
I can't stomach $400-$500 a month for 5+ years these days. I must be getting old...
I'm on the same boat. I drive my daily around so much and actually enjoy it despite being slow. I average around 16K a year and besides what I've done to maintain and keep the car running (oil/trans fluid changes, 2 batteries, 1 set of free tires I won in a raffle and one new set of rotors and pads), overall it has been a solid car I don't see replacing unless i hit over 200-250K plus.
I've personally set a cap of no more than $300 max for a car payment should it come to that, and most new cars that you can get for less than $300/month are better than cars for the same price 10-15 years ago.