Buying A Car Based On Income Review
The dealer offered an 84-month loan. Seven years? He’d be thirty before he owned the car.
Leo pulled out his phone and looked at a crumpled note he’d written: buying a car based on income
(who sounded suspiciously like his frugal Uncle Pete) countered, "Leo, you make $55,000 a year. After taxes and rent, that $700 is half your 'fun money.' One flat tire and you're cooked." The dealer offered an 84-month loan