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Originally Posted by tonycarreon
or take that 850/mo and save it for 6 months, add that to your 5k you think you can get for the current car and that gives you 10k. you can buy a decent older boxster for 10k cash. no payments. then save the 850/mo for repairs.
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Well, my current car (Lexus LS400, ZzzzzzzzzzZZZZZZZZzzzzzzzzzzzz) costs me about $400/month. So I would only be able to pocket about $450/month.
Neverthemess, saving up $450/month would also be a good way to save up for a bigger downpayment on the 987, but I have other things I'd like to be saving money for. (Perhaps an entrapment ring, oops I mean engagement.)
My current vehicle is also depreciating, but not very fast.
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