Background: Current car is a 2008 Pontiac Grand Prix hand-me-down that got me through high school and university but now has 230k miles on it (it’s a trooper). It’s got an issue with one of the axels or the suspension that causes you to feel every bump in the road and is more expensive to replace than the car is worth, but it’s still very drivable.
Just paid off all my debt as of today but have student loans of about 20k left.
Currently have 3k saved for emergency fund and a little over 3k saved for car down payment.
I make about 44k before taxes and my income allows me to save anywhere from 500 - 1k to put aside each month.
So my question is, should I just drive this car until it literally stops working.. or now that I have money saved go buy the car I want? I’ve been doing a lot of research and I’d like a used 2016 Honda Civic that’s about 16k.
Submitted April 03, 2020 at 11:23PM by ribble42 https://ift.tt/39FJr4q
