Advertisement

Want a nicer car? Save, then spend

Share

Good story (on “New cars that are fully loaded -- with debt,” Dec. 30), though it is difficult to feel sorry for these folks who are upside down on their car loans. Just like folks who are in trouble with their real estate loans, it comes down to people buying more than they can afford.

Seems that if you want a more expensive car, you borrow more money. The correct course is either to save up for the purchase or to find a job that pays more.

Want a nicer house or car? Make the money first.

Robert Price

Walnut

Advertisement