I've been using my car as an example lately. It's 1997 Jeep Cherokee sport. I've had it 8 years and have tried to take good care of it. The body of the car is fine but the paint on the bumpers and some other places is peeling a little. My husband had a fender bender and now the front bumper is dented in and the side plastic bumper ends are gone. I'm not having it fixed yet because it's not essential but I feel like I'm driving a junker sometimes! The example I use is, together, we make about $95K/annually and we cannot afford a new car! Now, I am paying for several years of on/off employement and debt but still. I drive to work and it seems that 75% of the other cars I drive near are pristine, new, shiny cars. I often think how nice a new car would be and then stop because I have no car payments and that is worth more to me, not to mention a lower insurance rate. My husband's car is paid for, too, he bought a used car recently.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra