Here's the gist - I need a new car. My current car is 10 years old, and constantly has problems. The car I want is a 2018 Mini Cooper, and it clocks in at $24,650. My situation: *Salary: $47,500 / yr *Debt: None *Bills: $560/month rent, $150ish all household bills, $120/month insurance *Savings account: ~ $20K *Checking account: ~$4k *Stocks: ~$6200 *401K: ~$5K
I'm going to get straight to the point. Is it fiscally responsible for me to buy this expensive car? I've never purchased my own car before, and I've been saving so long that I want to get what I want. Just making sure that I'm not being stupid. Feel free to tell me that I am.
Submitted February 02, 2018 at 07:54AM by peanut201 http://ift.tt/2DUDNvT
