Is ~1-1.2k/month for a car on a ~140k TC an economically wise decision?

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Then you will wonder why you make good money but with little savings.

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Is that a lease? Or a purchase? Does that include insurance?

That sounds insanely high. Is there a reason why a car in the $500 or $600 per month range wouldn’t fulfill what you need?

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Sounds like a lot. Wife and I have 1 car payment for $800 plus $125/month for insurance and our TC is $370k

No. Not a wide decision. Something you could probably manage. But not wise

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Absolutely not

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Right answer

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Not really a reason to spend that much but if you really want it whatever

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Yes I’d say that’s too much. That’s basically rent for many people

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Why are you including in that? Loan/lease only, or all in costs?

My car at that TC level was $450/m + insurance and garage, so total costs were about 1000/m.

It’s not completely unreasonable. I had no financial issues at that expense level, even living in vhcol. The car I purchased (awd small suv) let me take many ski and camping trips I hadn’t been able to previously (driving 2 door coupe from 2003, FWD with head gasket issues)

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Model Y? I’m about to do this with $165k base and I’m not looking forward to it

Yeah I’m just jealous in my 05 Tacoma 🤣

At 165K TC and close to that. Maybe stick to 800 if possible

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likeupliftingfunny

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likefunnyupliftingsmart

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