Hey /biz/nessmen, need some help.
So I got a job five months ago. 10/hr pay, 16 hours a week. Live with my parents so they've been paying for my college education and will continue to until I finish my bachelor's in two years.
Since I had incredibly shitty fashion sense I bought some new clothes, and also had other expenses like food and vidya and now have 1,111 dollars saved. I've never had a chance to have a real job like this, but it's only a temp job. It might end up being temp to hire but I'm not sure.
I have 0 credit experience and would like to build my credit score while I'm living under free rent and food, but in order to keep that steadily, I'd like to have a car so I can stay employed. Where I live, there's shitty public transportation and biking is impossible, so it's pretty rough. I'd also like some more independence from my parents without breaking the bank so this is also ideal in my case.
I don't plan on living where I am anymore after I graduate. So I just wanted to ask: is it really worth it? I plan on saving 75% of the money I earn as emergency funds in case something happens to the car. My parents argue it's not worth it if I'm only going to be here for two years. Is it a stupid choice?
$160/week (before taxes)
I don't think you can afford a car anon.
>>1389808
Not even used? No monthly expenses there. At most I'd be paying for oil and maybe some busted tires, right? I would be screwed if it were a big problem that requires $300+ in repairs.
Only chance you have is buying a used car in cash really but insurance payments will kill you
>>1389812
Perhaps I misread here, but this is pretty good for me, since I'm under 23:
http://www.carinsurance.com/puerto-rico-car-insurance.aspx
Covers $3000 in damage, and I have a health insurance plan thanks to my father. $100 annual fee.
I might be entirely retarded for being wrong here by misunderstanding.