Quote:
Originally Posted by ASTalumna06
Exactly what I was thinking! I just bought a brand new Honda Civic last year and it was about $18,000. That's all you need.
And another question... Where the hell are you buying a completely remodeled house for $100,000?! This DEFINITELY is dependent upon where you live.
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I dunno, my 2009 Saturn Vue was $21K with my GM discount but by the time you added all the fees, extended warranty, taxes, destination charges, blah, blah, it was $28K so I rounded up to $30K. It was one of the cheapest cars I could find at the time, that I could stomach the appearance of and fit two teenagers in, anyway. Starting MSRP for a Ford Focus is $18, 600 or something like that. Add the basics like an automatic transmission, air conditioning, etc. and you get up there pretty fast.
In the area where this woman lives, you can get a house for that and I was basing it on that. She can get a foreclosure for probably $40K and have the remodeling done herself for probably $25K and get it even cheaper. Housing has tanked here, seriously tanked. My house is worth less than half of what I bought it for 11 years ago. This is the reality in Michigan.