Am I making a dumb decision? Buying a car for 95k while TC is 340k. I’ve never bought a car for that much and grew up thinking 30k cars were on the pricier side. It feels expensive and only other debt is a 2k mortgage.

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Have an allocation for a Lotus Emira coming up 😊

likehelpful

Thanks for all the love!! I’ve told myself financially I can handle and also have minimum downside exposure given the first edition And manual. Might be delusional but feels like a solid analysis 😂

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As long as you are not paying above MSRP and aren't paying for useless dealer add-ons, just make sure you get good financing

what car is it btw

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This isn’t bad at all. I bought a 40k car out of college on an 80k salary. However I love cars and budgeted accordingly with other expenses in my life.

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If you buy it with your own money, she can’t make you sell it since it’s yours lol

That's not expensive at all. And for an Emira, you'll probably get to drive that for basically free for at least the first two years so it's not really a "waste" of money. This is a great buy if you got a MSRP allocation.

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Indeed I did! Will go ahead and hang on to it then. Thank you!

This is fine

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Get it! You won’t regret buying it when you’re older. However you will probably regret not buying it if you don’t. 340k sounds like you deserve to treat yourself. Make some great memories.

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Thank you so much! I was thinking the same. Will take the allocation and enjoy 😊

uplifting

What are you buying?

Lol

You can afford it at that TC

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