Dave Ramsey Total Money Makeover

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There is totally no guarantee that your new car won’t break down either…..

And if you are paying $500 a month for the $15,000 car …. you are going

to spend a long time making those payments…. to the jeopardy of your

family as well. $500 on $3,000 is just a little while before it is gone.

So, it makes some sense. Would depend on your individual situation.

I had a car that was older than me and nary a problem. It worked better

than my new cars. Dad bought it for $200. Go figure.

On Fri, Jul 25, 2008 at 5:15 AM, Suzi McMullen <smcmullen@kc.rr.com> wrote:

> Well now I think that’s really foolish. You end up owing 3,000 dollars

> for a car you don’t have anymore. And now you own a beater that’s going to

> break down 2 or 3 times per year.

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