Quote:
Originally Posted by sameer  My only recommendation would be to NOT buy a new car. It's a depreciating asset and it's best bought gently used, if you will.
Sameer |
This is only true if the car you buy is not a Ferrari. Ferraris actually appreciate in value with age.
That said, you have good advice.
Here's a video the OP should watch:
Drive Free, Retire Rich by Dave Ramsey