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Hello Sailor posted:Never buy a car unless you can afford to pay cash. Take it back, use the "down payment" to buy a car you can afford, and use part of the money you're now not going to spend on a car payment, bank-required insurance coverage, and higher property taxes to rent a house with a garage. Park the car you can afford in the garage like a boss. I try to be a constructive poster and mod, but this is post is really blowing my mind.  I paid less than $2k USD when I bought my car and own her outright, please tell me how I can now therefore afford to rent a house with a garage.
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Jul 23, 2017 00:04
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Hello Sailor posted:I'm operating under the assumption that the OP's car cost rather more than $2k, given that it was described as a "dream car" and they were getting salty about cat footprints on the hood. I'm guessing they're spending about $500-600/mo between the loan payment + increased cost of insurance. drat, you got my hopes up 
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Jul 26, 2017 19:29
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