Would you buy a new Tacoma with $1400 +-$150 a month left

[PShift5]

Crunched my numbers I net $5815 and after everything I still have around $1400 left I am sick of pouring money into my 09 Corolla and it's actually not safe to drive anymore needs new tires and abs light is on check engine light constantly comes on sick of this car..let's say i can get a 90 month financing with $2000 down on a new Taco and try to get the monthly down to $550/ mo on the longer term finance option would you do it

[8pieces]

you don't have any savings? buy something used

[Austanian]

Crunched my numbers I net $5815 and after everything I still have around $1400 left I am sick of pouring money into my 09 Corolla and it's actually not safe to drive anymore needs new tires and abs light is on check engine light constantly comes on sick of this car..let's say i can get a 90 month financing with $2000 down on a new Taco and try to get the monthly down to $550/ mo on the longer term finance option would you do it

Poor cell logic. Doesn't want to spend $1200 on repairs so will drop $10,000+ on interest.

[300Lane1]

Just fix the Corolla.

^Fukn wizard!

[PShift5]

you don't have any savings? buy something used

I do have savings but I don't want to dip into it it's for worst Case scenario getting laid off

[PShift5]

Poor cell logic. Doesn't want to spend $1200 on repairs so will drop $10,000+ on interest.

Lmao I can't argue this I guess, I'm just sick of the Corolla for repair reason as well as I want a new toy

[eddiehaskell]

Lmao I can't argue this I guess, I'm just sick of the Corolla for repair reason as well as I want a new toy

the heart of the issue is you wanting a new toy

[HateLiberals]

Lold irl at 90 month financing

[PShift5]

Lold irl at 90 month financing

I want a lower monthly payment

[PShift5]

the heart of the issue is you wanting a new toy

And 4x4 I live in north East USA, yesterday was skidding on the road with just wet road when dude in front of me slammed on breaks my car could barely handle a wet road how will it handle winter

[HateLiberals]

I want a lower monthly payment

Abs light doesn't matter. Tires for tiny wheels are cheap. Can get cel scanned for free at any auto parts store. Sounds like you're just incompetent

[Austanian]

Lmao I can't argue this I guess, I'm just sick of the Corolla for repair reason as well as I want a new toy

Cars aren't great toys. This is coming from a guy that has one.

If you want a new car follow the 20, 3, 8 rule. Prevents you from doing stupid stuff like in the OP.

And 4x4 I live in north East USA, yesterday was skidding on the road with just wet road when dude in front of me slammed on breaks my car could barely handle a wet road how will it handle winter

Stop it....

4x4 doesn't help you stop. Tires do... Which you need and can probably get for under $600.

Now there are a few times a year a truck will help with the snow, but this argument is still about your fuking toy.

[OffwhiteBrah]

stopped reading after 90 month financing

[PShift5]

Abs light doesn't matter. Tires for tiny wheels are cheap. Can get cel scanned for free at any auto parts store. Sounds like you're just incompetent

Yes I am new to living on my own new to adult world definitely Incompetent

[PShift5]

Cars aren't great toys. This is coming from a guy that has one.

If you want a new car follow the 20, 3, 8 rule. Prevents you from doing stupid stuff like in the OP.



Stop it....

4x4 doesn't help you stop. Tires do... Which you need and can probably get for under $600.

Now there are a few times a year a truck will help with the snow, but this argument is still about your fuking toy.

You win I Just wanted a new toy

[RocknRollMuscle]

lol @ buying a vehicle now.

Clearly you never got personal finance classes in public school.

just bend over. I can't fathom any idiot wanting a car payment over $500. Have fun paying half your salary on a vehicle!

[MustardTiger17]

90 month financing on a truck that will be worth significantly less when it's paid off. el oh el

[Austanian]

You win I Just wanted a new toy

You want a toy? Get one.

I bought a 2012 G37x with 50k miles on it last year for $16k. Sold my 99 Acura CL3.0 and 08 Honda Fit because I was sick of "practical".

Fun car. Not going to take 8 fuking years to pay off...

[leoaa777]

How do you break one of the most reliable cars made?

[naich]

Thread reads like a Dave Ramsey call.

1. make repairs needed so corrolla is safe
2. begin saving money to buy next car
3. when enough money is saved, buy USED car cash

You didn't wake up today and hate this car, you have for a long time. You shouldve been saving money in that time to replace it in a financially responsible manner. Avoid interest like the plague.

[rectifryer]

Fooking lold so hard at 90 month term

[H00J]

Poor cell logic. Doesn't want to spend $1200 on repairs so will drop $10,000+ on interest.

lol this

[VoxExMachina]

You main goal with autos should be to get to the point where you never have another auto loan and instead pay cash. 100% srs and it's not that hard to do.

[EvanStroud]

90 months is over 20 years. You'll be paying for the car long after it dies.

[Austanian]

You main goal with autos should be to get to the point where you never have another auto loan and instead pay cash. 100% srs and it's not that hard to do.

Yep... Though I will say. If you are poor. Skip the 5k cash car and get the 15k Civic with 5k down and a 10k loan.

That Dave Ramsey chit burned me when I was young and took a few years to get over.

[bsmit107]

$2k down lol
90 month financing lol
"not safe to drive"...needs tires and some dash lights on....lol

Put new tires on the Rolla.....figure out the dash lights, sell for 10k.....add $5k to it and pay cash for something.

Just imagine paying $550 (which is probably highly optimistic) for 7+ years.


I've got 3 vehicles for a total value of like 65k. paid cash for 2 of them and 1 is financed -60 months @ 0% bought in 2020. I couldn't say no. Don't be stupid.

[eddiehaskell]

i'd have just liability insurance on the corolla...that alone would save about $700 a year. gas will be cheaper too. yearly property tax in my state would be about $100 for the corolla vs $600 for the tacoma.

[VoxExMachina]

Yep... Though I will say. If you are poor. Skip the 5k cash car and get the 15k Civic with 5k down and a 10k loan.

That Dave Ramsey chit burned me when I was young and took a few years to get over.

There are a dozen ways to do it, and the first auto is the most difficult. But once you achieve that, drive it a few years then write a check for the difference on a new one.

It's pretty damn satisfying when the dealer asks you what you want your payment to be and you say "zero". They literally don't know how to respond.

[longfellowdeeds]

the only point in financing is usually if you have a very low interest rate and don't want to drop a large downpayment right away

[MikeLowrrrey]

Poor cell logic. Doesn't want to spend $1200 on repairs so will drop $10,000+ on interest.

Looking at his net income, He works a good job, what's the point in piling up money and not buying himself something nice? Assuming he has no other crazy debt and a good credit score, I'd say go for it.

I'd get the corolla repaired then stack up for year for a big down payment.