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Old 01-10-2003, 02:38 PM   #34
Dot.Com Cowboy
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Member#: 30533
Join Date: Nov 2002
Location: N. California
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It really boils down to what you make a month. Here's me, I'm 33, no kids but have a Girl Friend who is starting to eye her ring finger longingly. (We've been together 3 years, so yeah, it's time.)

My only monthly payment now is Rent, $750 a month and tuition which just finishing up. (13 year plan, but hey, I like working and making money.)

Anyway, I'm planning on getting the 2004 WRX and curretnly have a 1994 Mustang 5.0 GT which I own. I'm going to trade that in, put about 6K down and have payments in the $300 dollar range. I'll proablly be financing about 18K after tax, options and licensing.

I make good money and could afford a higher car payment, but I plan on getting an MBA while working and don't want to take out loans.

So it really comes down to what monthly payment can you comfortably afford based on your income. You don't necessary need to put 90% down on the car, if you can afford a reasonable monthly payment and can get a good interest rate car loan.

My 2 cents.
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