People who know things about cars

[Bill Tetley]

Originally Posted by Ephirith [You must be logged in to view images. Log in or Register.]

So basically make terrible financial decisions because.... YOLO? You don't need to pay loans to build credit, you can do that just fine by paying rent and using 2-3 credit cards and paying them off 100% every month.

This individual is going to be paying student loans in 3 years as well, and probably doesn't make any more than the median annual income. If having a shiny car makes you feel special and successful, even if you can't afford it without taking risks and neglecting savings and investments, that's the exact attitude which generally underlies foreclosures and repossessions.

I base my post only off what I know. >17k budget, no current bills.

As I stated you will need job security and to be able to afford the payments. It's only a terrible financial decision if you can't afford it. If they can't afford it, how would I know? You obviously know more about this person than me.

But if you can afford it, why buy a junker? Yes, YOLO.