(no subject)
Debt: Around $9,000.
Monthly Income: About $700 in financial aid.
Monthly Bills: About $1,000.
Equity: Negative.
Job: None.
So what should Mike do when his girlfriend's car dies and her mom is looking for a good cheap used car?
Why, sell her his own perfectly good '99 Civic for $1,000 less than Blue Book and lease this, of course.
But not the cheap-o $20,000 model. No no, don't be silly.
I'll be driving the EX V-6 at $28,500.
My rationale? My Civic will be paid off in May, at $250/mo. The Accord will lease at $310/mo. I'll only be paying $60 more a month for an infinitely nicer sled (i.e., more bells and whistles). The little boy in my brain must know exactly the chemical that puts to sleep any rational thought, and not be afraid to use it.
Did I mention that I'll be leasing a manual, when I have never been able to get out of neutral without stalling or peeling?
I am the smartest man alive.