By The idea of a $5,000 price tag on a new car is insane. It’s also insane that the average car buyer can’t afford to buy a new car, even if they desperately want to. A good way to see if you can afford a car is to start with the sticker price and then see how much you can afford.
Thats a great question. How much can you afford to buy a car? The answer is $8,000. And that is not including the cost of the car itself.
As of April 15, 2013 the average sticker price for a car is 8,000. That’s what it costs to buy a used car, and even if you buy a new car, its the same price. So if you own a car, it’s not even worth it to buy a new one for that much money.
If you can afford to buy a car on day one, then you can probably buy a car on day two. And if you can afford to buy a car on day two, then you can probably buy a car on day three. And so on. This is just a thought experiment to help you see how ridiculous it is to buy a car today and then not buy one for a week or a month.
The only way to buy a car would be to make a big purchase at the beginning of the day, or wait until the end of the day. The only reasonable thing to do is to wait until the beginning of the day. But buying a car now is just plain dumb.
When I first read this quote, I thought “Wait a minute, isn’t buying a car today the same as buying a car today?” Obviously, buying a car today is not the same as buying a car today. But buying a car today is just as dumb. The problem is that if you don’t buy a car today you can’t buy a car tomorrow, either.
Sure, you get some good deals and bargains, but not every day is a good day to buy a car. If you buy something now, you can always get it back if it doesn’t sell. There are other ways to be smart.
The problem is that if you dont buy a car today you cant get a car tomorrow. If you dont buy a car today you cannot get one tomorrow either. If you dont buy a car today you cannot afford a car tomorrow either.
It is also interesting to note that the price of a car, and the price of a house, is the same. In fact, the price of a house is one-quarter of the price of a car.
The only way to get a car today is to buy it now, and to buy a house next month. In other words, you cannot do both. So you have to buy a car today and then buy a house next month.
