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Originally Posted by will76
yeah but 50% of the country does not have that choice... if you make 24K a year (a lot better then min wage) thats $1000 a month for car and house... which is tough even if you drive a neon and live and in the getto. Thats why i said no more then 25% if you dont make a lot and less then 10% of you make good money. If you make 120K a year ($10,000 month) 1000K a month for a car is about about a 50K car and even a lot at 10%.
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If you make min. wage, then you can find a decent car that just rolls for $500 that will last you a year. If it lasts you a year with no repairs (very possible if you know someone who can help you find a good car) it cost you $42/mo excl. gas. Even if there's minor stuff to fix, it would be cheap.