Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

0
What should I do if getting a car is a requirement? Finance or Lease since I can’t buy straight cash.
Post Body

As of May 2024, my car motor blew up last week. A mechanic friend estimated that it will in a couple thousands to just get it running and there would be no guarantee as to how many miles it can go before another problem comes up. Due to a lot of personal reasons that is not affordable and the car was old anyway so sort of outdated in 2024. This opened up the possibility to buying a new ca, either financing or leasing because as a college freshman unfortunately I don’t have money to buy straight cash and my parents are not wealthy to lend me money. With my current income, it is about 45% of my monthly income to lease or finance but as a young guy, i don’t have bills to pay so that’s all money that I can use and still have over half of my income monthly for any emergency. This seems like a good idea if i am guaranteed the income for 2-3 years

Comments
[not loaded or deleted]

People on reddit sort of scare me with their opinion lol, they talk in super extremes

[not loaded or deleted]

I had a Yamaha R6 and I crashed it in 3 months. Lucky and always grateful to walk away, gonna stick to 4 wheels only

[not loaded or deleted]

2.2k and months with 5 weeks, little over 2.7k

[not loaded or deleted]

45% of my monthly income and 4 months at the job, most certainly going to keep this job for various factors and elaborate the last question… lol my young vocabulary doesn’t know what that is yet

[not loaded or deleted]

I was looking at leasing a 2024 Mazda 3 Hatchback. It has all my requirements, just need financial reassurance lol… listed at $26,500, 742 credit score with a 10 month history and 3k down

[not loaded or deleted]

Yeah I am looking at accord and Camry but I seriously don’t got money to buy cash lol, even off FB marketplace. Also looking at Mazda 3

[not loaded or deleted]

Yeah that was already a recommended idea but I have many things in my life like commuting to school, then work and other reasons to go for personal reasons I can’t explain. Using a Taxi is almost $60-$80 a day so need a car because this will be a car I use for the family as well since we currently don’t have one. But like I said, a lot of personal reasons that sort of justify the reasonings

Author
User Disabled
Account Strength
0%
Disabled 3 months ago
Account Age
5 months
Verified Email
No
Verified Flair
No
Total Karma
n/a
Link Karma
1
Comment Karma
n/a
Profile updated: 5 days ago
Posts updated: 3 months ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
5 months ago