Re: Almost ready for a new auto loan?
01-13-2013 05:00 PM
That's going to be a hard sell. I wish I had better news for you. Probably not impossible as it is slightly better than a $16K car making $16K. But typically you don't want to purchase a vehicle that cost the same as your salary. Can you afford a $550 car payment?
I sure can. I only pay my cell phone payment, gas, and food. I probably spend less than 10% of my monthly salary
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