Was offered a Ford Bronco Sport 2023 for 34,443.42 and an accepted trade in of 8,500 for my Hyundai Elantra. I live in LA and make around 90K before taxes. I've been approved for Ford's Special Interest payment for 72 months at 1.9%. The car would be 478/month and insurance would be 299 for a total of 777. My rent is 1850 making my total large monthly expenses minus gas, bills = 2,627. I am an incredibly good with money, but would really love some insight on if this is a dumb purchase, or not. Definitely something that makes me happy as i really hate my car, even though it has no issues.
original posted by LoxBagel95 to r/personalfinance on Wed, 28 Feb 2024 00:19:35 GMT.