Comments on: Friday Financial Foul Ups: Poorly Planned Vehicle Purchase Costs $24,000

By: Friday Financial Foul Ups: Giants, Elves, and the $86 Movie I Never Even Finished | My Next Buck

Fri, 12 Mar 2010 11:28:46 +0000

[...] – Brian (MyNextBuck) – Overdue Books Prevent Me From Renting an Apt Foul Up #5 – Kelly Whalen (The Centsible Life) – Poorly Planned Vehicle Purchase Costs $24,000 Foul Up #4 – Stephanie (Poorer Than You) – Signed My Life Away at Age 17 Foul Up #3 [...]

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By: 3under3

3under3 — Tue, 12 Jan 2010 19:14:23 +0000

I can beat this! We bought a Subaru Forester on Jan 7th, for our family of 4. At the time my irish twins were 1 and 2. It fit their two ridiculously large carseats perfectly. January 13th (less than one week later) I found out number 3 was on her way!!! We tried every concoction of car seats to fit three in the Forester but it just wouldn’t work…

Traded in it 6 months later for a minivan. I can’t bring myself to do the math (sales tax twice too – UGH!!!)…

My husband promptly got the BIG V after the birth of the 3rd. No ASTROVAN for us:)

By: Financial Samurai

Financial Samurai — Sat, 17 Oct 2009 04:38:45 +0000

Housing has hit many of us, but that’s ok. We’ll just ride it out.

Delaying big purchases is key, and I agree wholeheartedly.

Thnx for sharing!

By: Stephanie PTY

Stephanie PTY — Sat, 17 Oct 2009 03:14:29 +0000

Thanks for sharing Kelly! I’ve read a different version of this story from you before, but it really drives it home to see it laid out with the numbers.

My boyfriend just got a new car, and even though we’re not married and kids are nowhere near the picture, he still decided to get a 4-door car with good safety ratings. Mainly because we had some friends recently have a kid, and they had to trade in both of their cars because neither was kid-friendly. He plans on keeping this car somewhere between 6 and 10 years, so there might just be a car seat in it someday!

Meanwhile, I’m holding onto my 1996 Oldsmobile until I drive it into the ground! (Old cars with low mileage RULE)

By: Kelly

Kelly — Fri, 16 Oct 2009 20:57:13 +0000

I could write another post on housing, but I am scared to tally up the numbers!

By: ToranceH

ToranceH — Fri, 16 Oct 2009 17:07:32 +0000

I wish so many people I know would think about ther purchases. I wish I even had half the finacial knowledge I have now when I was in my twenties. Great post. When you don’t plan you plan to fail.

By: Brian

Brian — Fri, 16 Oct 2009 16:31:33 +0000

I believe there is something to be said about living in the now, however, failure to understand what your future entails when purchasing a high priced item like a car or a house can really set you back financially.

As a bachelor at the time, it really sucked to have to think about buying a car with the prospects of having to drive children around in it within ten years from now. However, taking that into consideration put my mind at ease knowing its a vehicle that i won’t have to trade in if life hands me something unexpected.