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this post was submitted on 07 May 2024
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With my last raise I'm over 130k a year and I still don't buy new cars. My 2010 Audi is still running just fine.
That's great, but the question from that OP was "are you able to" and your answer should be yes. I make less than that and I definitely am able to. But I'm waiting on the market to correct first
Though it also depends on how you define "able to". Like I could fit a car payment in my budget but it would eat up most of my disposable income and I'm not willing to give that up, even if new cars weren't so enshitified. I bet there's a lot in this "technically capable but it would be a stupid financial move" group.
That's probably a sound decision