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by ghanbak on May 28th, 2009

ghanbak

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With the economy on a downhill slope, would buying a car now be a wise decision as compared to when my current car dies (within 2yrs)?

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Answers. 2 helpful answers below.

  • by Wide Awake @ has closing date woo hoo on May 28th, 2009

    Wide Awake @ has closing date woo hoo

    I would suggest that for your own personal financial well-being, you hold off - who knows what calamity is coming around the corner.

    Economists, however, would tell you to buy now to stimulate the economy - as long as you buy a car primarly benefitting the US.

    So, it depends on whom you listen to - your wallet or your economist. :)

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  • by iKnow on May 28th, 2009

    iKnow

    Probably best to buy it whenever you can afford it the most. If you can get by with buying it now, it'd be smarter to buy it before it breaks down and you don't know what kind of financial situation you're in.

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