Quote:
Originally Posted by slowmover
Fuel is still cheap.
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Fuel isn't cheap. With the miles I do, if I got the fuel mileage my brother does in his Chevy Scottsdale I'd be paying some $800 per month in fuel. If I got 25mpg I'd be spending some $300 per month. At 50mpg I'll still be shelling out some $150 per month.
The last time I financed a car I spent $200 per month in payments. They say never to spend more than 20% on your vehicle expenses. If I make, say, $2,000 per month and pay $200 per month in fuel and $200 per month in payments, how am I supposed to pay for maintenance or insurance?