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Old 02-24-2009, 07:19 AM
LivingAlmostLarge LivingAlmostLarge is offline
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Default Penny wise or pound foolish?

I posted today on my blog my scenario about why I bought a new car, which might have been a mistake but I think it wasn't. The reason? My parents matched my money to buy my new car.

They specifically picked out the cars I could buy and afford (Civic DX or Corolla VE, two choices and that was it). Brand, make, and model. I had mentioned this previously, and a commentor said I should have bought a $4k car instead of $10k and saved $1k.

Would this have made sense? Buying a used car for $4k and saving $1k? Or was my parents match of $5k worth it? If the car had been $12k and I had saved $2k would it have been worth it?

I don't know what used car I would have bought for $4k. Something $4k.
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Last edited by LivingAlmostLarge : 02-24-2009 at 07:49 AM. Reason: more info
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