Originally posted by WM Wolverine
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Sure. Should have read me upthread a few weeks back.
1) Student loans+Pells+Stipend = equals $20k a year in cash. I don't know where you buy your cars, but a payment on a $17,000 Dodge, assuming 48-months, is around $5000 a year in payments IF you didn't want to pay cash. Of course, you could pay cash for it. All without parents' cash.
2) a 5-year old Charger can be had for much less than $30k. But a $30k car can be done. $7.5k/yr in payments.
3) I guarantee you, aside from Peppers' Yukon, other M players are driving similar. I know my students are. It's rare to see kids in jalopies. And these aren't kids on a full ride.
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