Quote:
Originally Posted by FlamesAddiction
If you can afford a few months of car payments, then you can afford a used car to get by on. I have never bought a new car and don't feel it's ever held me back. Especially if you live in any town or city, transit can get you by for a few months.
Having just gone through the mortgage process, the broker mentioned to me how car payment defaults are the biggest reasons why people ruin their credit and can't qualify for mortgages.
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I'm not sure what your point is. Are you saying that everyone should only drive old used cars....because you say so? This makes no sense at all.
What people spend their money on is their business. The point of this discussion is whether or not it is responsible to spend all of your money, regardless of what it is spent on.