In this video, you will learn about salvage cars for sale. This talk show host is answering a question about buying salvage cars. She is asking him about buying salvage titled cars that are restored.
She said that they drive them for a decade and see how they run. He said that she should save up her money and put it into this car, or buy a new one. She said she has a car that has 50k miles on it. He is asking about her household income and she did not know. She makes 45k a year. So, he is telling her how much her monthly payments could be. It could take her about 16 months to save 15k. About eight years from now, she should start saving money so she can buy a new car. It can be considered an investment. Most of the time, when there aren’t many options, it can be a good idea to finance a car. Meaning, make monthly payments on it. It is easy to calculate how much you can afford to pay per month when you look at how much your combined income is with your spouse. If you are interested in learning more, keep watching this video for more information.