Husband wants a new car?

Question

But I feel we really can't afford it right now (I look after the bills). We both work...so it's not like it's just his money (It's a car that he wants, not one we both decided on). He does need a different car, but I really don't think anyone needs a 45 thousand dollar car. IWe have finally reached a place in life where I feel we aren't scraping but, yet am so worried about whether we will be able to do the other things we want to do in life (move to an acreage, have kids, etc.) All he can see is car, and all I can see is bills, and once again living on a tight budget. How do I get him to see the light?

Answer 1

My husband would just come home with a brand new truck, on two different occasions and then complain later on the monthly payment. BOYS....give him the responsibility of the bills and when he complains you have no money, tell him to take a ride in his car to find someone who cares....lol....No car is worth 45 thousand dollars unless you have that kind of money to throw around. Marriage is a compromise, he can get a new car, but you need to have to agree, it's only fair.

Answer 2

Suggest that he look at the same model car that's a few years old. Cars lose something like 70 percent of their value in the first 4 years. A used car of the same model will be thousands of dollars cheaper.

You're right. Unless your a millionaire, he doesn't need a 45,000 dollar car. Tell him if he wants it then he has to save the cash to pay for it.

Sit down with him and go over the budget. You mention that you're finally in a place where you're not scraping by. Good for you. Stay that way.

More important than a 45,000 car is planning for retirement, and emergencies. It's never too early. If you put the car payment for that 45,000 dollar car minus a reasonable car payment into a mutual fund you'll earn money instead of spending it on a bad investment.

Answer 3

Sit him down and detail the bills. Write out a budget, on paper, based on what you make and what you currently pay. Show him where the money's going, and remind him of the plans you have for land, a home, kids, etc. The expensive car will make him happy in the short term, but having a life the two of you can be proud of is a much better thing to think of, long term.

And if he goes and does it anyway, then seek some counseling. If he doesn't see the light and buys the car, it shows he's selfishly thinking of only his own wants, and not your needs, as a couple. That type of thing breeds serious resentment, and could hurt your relationship.

Answer 4

When a man sets his mind on something he is determined to have it so give him a choice is either he gets the car and you stop working and he pays all the bills and for the car or he just get a car that can take him through untill you both can afford the car. You can buy a car in ny for about 1500 and do about a 500 job on it an you have an almost new car an a Honda to

Answer 5

You should both sit down and look at the reality that is your finances. Talk about all of your goals. Dream together! Make decisions like this together! My husband wanted a truck at one point that I thought we couldn't afford. We sat down and had a look at things as they were, and I was right. I told him if he could figure out a way to switch a few things around and make the payment appear in our budget that I would be okay with it. He was able to do a few of these things AND he found the same truck, used with low mileage. He worked on the entire thing on his own and made it happen. He LOVES his truck! I'm happy that he has what he wants and we're not strapped for cash over it. Let him see the car as a goal. Something to work towards after something else is paid off maybe. If you work together and dream together, almost anything is possible. Good luck :)

Answer 6

I agree a 45k car is out of the question. If your both doing financially ok and need a car for working purposes a reasonable car (25-30k) finance free is understandable and yes there are reasonable nice cars out there in this range. Now if he refuses to budge and insist on a 45k car, do what I did. I created a spreadsheet including both our net income, list ALL your expenses (rent, electric, gas, phone, food, insurance, transportation, etc.), and look at the balance if there is any money left over see what you can afford in that range. If a 45k car does not fall in that range then your question is answered. Please do not include your bonus or and extra money you earn in the budget that your extra money. Ohh yes we did get a new car but only cost us 30k fiannce free.

Answer 7

Tell him your concerns. See if he is willing to compromise. Since you handle the bills sit down and figure out how much yall can spare for a car. Then tell him we have this amount of money to spend on a car and that is it. If he insist on that car then tell him he will be responisble for the bill not you and it will all on him. That is way to much for car when there are good cars for alot less. Also check and see how much that car he wants is used. He has to understand you are looking out for the future and he is looking at what he wants right now. Put your foot down and stand your ground.. Good luck

Answer 8

Tell him you would be willing to compromise, but that a $45k car is not in the budget. Show him examples of what you can afford & put together some scenarios of how spending beyond your means can affect your goals later in life.

Answer 9

Show him the finances, and tell him it's not feasable. The purpose of a car is to get you from one place to another--not to show off. A Honda Accord does the same thing a Cadillac Escalade does--takes you from point A to point B (plus the Accord is way easier to park).

Answer 10

Sit down- add everything up -- how long you will be paying -- how much for interest- the rise in car insurance a year- and .... .. it will maybe end up being ALOT more then he imagined it to be -- if he's that determined-- tell him to Pretend he's paying for it for 3 months--- and put that money into savings-- and see how he likes to feel broke.