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Im thinking of buying a fairly new car. I really need a more dependeble car for work. I fell in love with this '04 model car; leather, moon roof, sport package, tinted windows 27k miles and factory warnty... But purchasing this car will only leave me with a little over $800 to live on per month. I am single with no kids. Is this enough?

Note: I do have a small side business but my new career + party habbits have recently brought its productivity to a halt.

Note2: I am expecting a healthy raise this June.

2007-03-18 06:08:50 · 8 answers · asked by Thomas 2 in Business & Finance Other - Business & Finance

I guess I need to rephrase the question. nobody fully understood me. I have roughly $800 remaining per month AFTER I pay all my bills including the insurance and the payment on the new car.

2007-03-18 16:45:40 · update #1

8 answers

Whew, my rent is $375 more than that... so I would say no.

But, if you have $800 after all of your bills are paid: vehicle, insurance, any credit cards, rent or mortgage, electric, etc., then you'll be fine. It certainly doesn't take $800 for fun and groceries for a month.

Good Luck!

2007-03-18 06:19:20 · answer #1 · answered by KarenGus 3 · 0 0

Well you have to look at what your rent, utilities and food insurance for the car, gas. so if you want it that bad stop parting so much and get back on the side business and pray that you get that raise you expect. But don't count on the raise you may not get it don't count on money you don't have. Good luck sounds like a nice car

2007-03-18 13:19:16 · answer #2 · answered by Robin M 3 · 0 0

First of all....clear your brain and stop feeling limited by any certain amount. Your question should be how to supplement your income with extra $. There are so many opportunities on the internet including ebay and adsense and such.....I dont want to say it but "incidentals" do happen and you will be out of your budget no matter what....so concentrate on bringing more money in at all times and you cant lose ok? Good luck!

2007-03-18 13:20:06 · answer #3 · answered by HonestBizPro 2 · 0 0

$800 after paying rent? I guess you can eat Rama noodles for lunch and dinner (50 cents total - not bad). If its $800 for going out, etc. you should be fine. Make up a budget!

2007-03-18 13:13:15 · answer #4 · answered by brettR 2 · 0 0

no not with paying bills then you will only have like $10 $15

2007-03-18 13:19:27 · answer #5 · answered by hotone 1 · 0 0

No, it isn't likely that $800 will cover rent/mortgage, food, utilities, insurance, fuel, and entertainment.

2007-03-18 13:15:06 · answer #6 · answered by Amy V 4 · 0 0

Depends on where you live, in California, I doubt it but it Wyoming, no problem.

2007-03-18 13:13:45 · answer #7 · answered by T B 6 · 0 0

don't buy that car. buy something cheaper

2007-03-18 13:29:34 · answer #8 · answered by chris g 1 · 0 0

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