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this post was submitted on 24 Aug 2024
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Nah I’d say that’s a good purchase. I just bought a new car on credit too because I’ve had pretty bad luck with buying used cars before. They always required quite a lot of work to get running and then something breaks and repairs are needed again. Case in point the current car's AC system broke down a little while ago and after all the repairs that were done already I have a feeling that getting the AC repaired would mean I’ve paid more in repairs than to buy the car. And that’s just not worth it. So I decided to take out a little credit and just buy a new car instead.
It can be a good purchase and still be irresponsible, IMO. I love that car and it will serve us for years to come, I don't regret it. We could have gotten a much cheaper new car, for example, but at the time we decided our biggest value for money was the car we have now.