Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum
» How much can you comfortably afford per month for car payment
  1. Results 121 to 124 of 124
  2. First
  3. 3
  4. 4
  5. 5
post 1661827493 05-24-2022, 05:07 PM
-
#121
  1. nutsy54
  2. Random Words
  1. nutsy54
  2. Random Words
  3. Join Date: Apr 2003
  4. Location: United States
  5. Posts: 126,581
  6. Rep Power: 181292
Originally Posted By Beararms
This "Dave Ramsey mindset" of buying complete beater vehicles will just have him buying a another car every 2-3 years.
That's not Dave Ramsey's mindset. His advice is to buy a beater for the short period you're paying off non-mortgage debt and building a full emergency fund, that's only 1-3 years for most people. Then you start building savings for the better car, while also investing for your future.
OP should be able to comfortably afford a 200-300 dollar payment for a truck while paying off his loans and putting enough away for savings.
Being 10s of $thousands in debt shouldn't be comfortable...
post 1661827663 05-24-2022, 05:11 PM
-
#122
  1. dannyg1217
  2. Registered User
  1. dannyg1217
  2. Registered User
  3. Join Date: Jun 2007
  4. Location: Greeley, Colorado, United States
  5. Age: 45
  6. Posts: 14,987
  7. Rep Power: 62602
I'd only want to spend 200 to 300 tops ND that would be on a cheap older truck.

I have two paid off and that does the trick for now.
Yellow fever crew
High test Manlet crew
EE master race

5'7" @ 175
PRs, B325 S405 D405
post 1661827993 05-24-2022, 05:19 PM
-
#123
  1. Jasonw1178
  2. 5'3" 300lbs Fudge Rounds
  1. Jasonw1178
  2. 5'3" 300lbs Fudge Rounds
  3. Join Date: Dec 2012
  4. Posts: 44,104
  5. Rep Power: 271274
For me personally, I just don't know about a car payment for a long time again. If I can't pay it off in under 3 years I'm not doing it. I've learned my lesson. I've had a few car payments in my day. Damn, that new shiny car is sure tempting. First year or two the payment didn't bother me, but after that it did. If I knew I would have it paid off within that year I'd be okay, but knowing I had 3 more years of payments.... fuk that. I never defaulted nor was I ever late BUT just annoyed me and made me not like the vehicle even though I actually did like the vehicle.

The value of the vehicle should be what's kept in mind and your total payment should also be kept in mind. Cheaper cars aren't always a better value. Beaters are usually more trouble than they are worth especially if you aren't good at fixing it yourself or good at figuring what to buy at that lower price.

I drive my old 2002 Silverado pickup with 377K miles on it. Starting to burn coolant so I'm going to have to make a choice on it real soon. Do I retire it and buy something else, or do I fix it, again?
post 1661862073 05-25-2022, 10:50 AM
-
#124
  1. _zman
  2. Trancebrah
  1. _zman
  2. Trancebrah
  3. Join Date: Jan 2009
  4. Age: 41
  5. Posts: 17,156
  6. Rep Power: 93080
Originally Posted By Jasonw1178
For me personally, I just don't know about a car payment for a long time again. If I can't pay it off in under 3 years I'm not doing it. I've learned my lesson. I've had a few car payments in my day. Damn, that new shiny car is sure tempting. First year or two the payment didn't bother me, but after that it did. If I knew I would have it paid off within that year I'd be okay, but knowing I had 3 more years of payments.... fuk that. I never defaulted nor was I ever late BUT just annoyed me and made me not like the vehicle even though I actually did like the vehicle.

The value of the vehicle should be what's kept in mind and your total payment should also be kept in mind. Cheaper cars aren't always a better value. Beaters are usually more trouble than they are worth especially if you aren't good at fixing it yourself or good at figuring what to buy at that lower price.

I drive my old 2002 Silverado pickup with 377K miles on it. Starting to burn coolant so I'm going to have to make a choice on it real soon. Do I retire it and buy something else, or do I fix it, again?
I think it depends on the body of the truck and obviously the issue. You can find a junkyard motor for that for nearly nothing too. My friend had one of those, beat the chit out of it for 200k miles and it still ran perfect without much maintenance at all.
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts