I'm spending way too much cash on my cars.
As soon as I got my first job I did as most do and bought a new car. The Firebird I still own to this day.
Ya sure I can get a good coin for it if I ever decide to sell it.....maybe as much as $15,000.
And I did save up later after that and bought a house that is now paid for.
BUT think about this all you younguns who have more a life to life than this old fart.
If I would have invested that $10,000 in real estate at that time 25 years ago, that money would be worth $500,000 in today'* real estate market.
So if there is a lesson to be learned, don't delay that purchase of a house first.
There'* plenty of old Bonne'* around that can be purchased cheap without forking out $40,000 on a new car.
Just my 2 cents.