Do I purchase a 60k car as a new grad?

Nov 13, 2018 61 Comments

Graduated earlier this year. I was thinking of buying a used porsche cayman or 911 for 50-60k. I’ve only been working for a few months but the financials seem to work out. No student loans or debt. I can max out my 401k and Roth and still have room for the $1,000 a month loan payments. Is this a good idea or am I being a fucking idiot?

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