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Can I afford a Cadillac ATS? I mean, they're $30k, and

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Thread replies: 27
Thread images: 3

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Can I afford a Cadillac ATS?

I mean, they're $30k, and I see people driving around in Mustang GTs and F150s all day long.

Why would it be considered living beyond my means to drive a 'luxury sedan' when people are buying sports cars and SUVs all day long?
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>cars
>2016
>>
>>1410092
>Teleportation
>2280
>>
You ask if you can afford one yet post absolutely no information on your income. I'm going to say no
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>>1410099
$42k and I pay like 800 rent.
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>>1410100
What are your other expenses?
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>>1410100

$42k net? If so with $800 towards rent leaves you with $2700 a month for all other expenses. I can't imagine you're spending more than $1-1.5k/month for the rest of your cost of living. Still leaves you with more than a grand a month to play with.

Seems pretty easily affordable unless you're worried about saving maximum money.
>>
>>1410104
gross
>>
>>1410104

Okay so you're closer to 30k net annually? I'd say it's still possible if you live pretty frugal. I have slightly higher rent and income but I only spend 900-1k on all other living expenses monthly. You'd still be left with 5-700 per month which honestly is doable.

If you buy it I'd recommend putting down at least 10k up front for lower monthly payments.

But a lease looks to be about 279/mo +150ish on insurance + however much gas you use which could vary a lot.

Cutting it real close but you should still come out slightly on top.
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>>1410112

Please don't troll him, he will think you're serious
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>>1410092

This, all day long.

Btw buying is for schmucks, leasing is the only way to go.
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>>1410090
>Living beyond 'MY' means
>When OTHER people drive nice cars
>Since other people drive nice cars, I am rich.
>>
>>1410153
Unless you drive a lot. Then you get assraped with lease.
>>
>>1410745
>Unless you drive a lot.

True, literally the only argument against leasing though. Otherwise leasing is the way to go if you have a predictable driving limit per year.
>>
You should only spend ten percent of your gross salary on a car.

Since you make 42k, you should spend at most $4200
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>>1410917
THIS

And buy Japanese.
>>
>>1410917
So the only person who can afford a Mustang GT makes $350,000 per year?
>>
>>1410981
Yes, that's how it is in the world of poorfag /biz/ neets who spend their days shilling defunct crypto currencies and shitty biotech penny stocks.

Meanwhile, adults who aren't retarded can easily budget for such a purchase assuming their credit score isn't bix nood tier.
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>>1410993
Idk I make 70k/yr and I started to regret my 25k car loan a couple months into it. The cool new car feeling wears off way before the $500 payments end.
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>>1410090
I dont think that car will age well. Plus if you're young and white it doesn't suit you. There's a reason its only 30k brand new.

Why not pick up a 4 year old Infiniti G37 S coupe? Its all around a better car and you can pick one up all day for 22K . It'll outlast a cadillac and is much more respectable
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>>1410981
Yes, pretty much. Otherwise it's financially irresponsible.
>>
>>1411016
But you can always buy used, too. After all, cars generally depreciate quickly.
>>
>>1411031
A used one goes for $18k.

So I'll wait until I make $180,000.
>>
>>1410090
>buying a cadillac
>not submitting to lexus and buying a 2015 is250
>will never break down on you and is 2x as luxurious for as much or less than caddy which is GM shit
>toyota reliability in a luxury package is priceless

literally the only correct answer
>>
>>1411133
>buying

You lose.
>>
>>1411133
this.

lexus all day
>>
>>1411133
>IS250
>Base model of most basic line
>Autotragic only

With that attitude you should just wait for is200t to start hitting the used market
Thread posts: 27
Thread images: 3


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