Do you ever have those moments where you're talking to someone and they say something so ridiculous that you don't even know how to respond? It happens to me quite frequently :) Today was one such example. I was chatting with an acquaintance (who is 20-21ish, I believe) and she was excitedly telling me about the purchase of her new vehicle- a Jeep Wrangler.
I didn't get into specifics about the car, but it looked fairly new. She continued on to tell me about the "great deal" she got on it... monthly payments of only $311 per month... for only 84 months!
Holy cow. Is that normal for a car payment? I had to dust off the calculator (I wish that was a joke, I really need to brush up on my mental math) but figured out that is 7 years! 7 years of paying off one car?! I think I much prefer the method of saving up until you can afford a vehicle and paying it in full.
And don't even get me started on the fact that she's spending close to $26k when all is said and done. This girl doesn't even have a full time job yet! A $26,000 vehicle is really not necessary at this point in your life, chica. Ughhh....
Am I the only one who sees craziness in this situation? Please tell me I'm not alone! :)