Re: What is the Dumbest Thing You Have Ever Spent Money on?
A new car.
I don't know if anything can top buying a new car as a foolish expense. What else depreciates so quickly and so drastically?
We bought a new car in 2003. We paid a good price and got a good rate. It is a good car. Still, a dumb purchase. I don't intend to ever buy a brand new car again, via loan or cash or otherwise.
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