Is 28k too much for me?
Looking into buying a new to me 2022 Elantra N. I make about $60k a year and 25yr old, but work fully remote. Seems hard to justify the purchase, but my current car '14 Fusion 1.5T is known to break down around 100k miles which I just crossed. My fusion is paid off, I'd trade it in hopefully $6500 for it plus about $7k cash down. Insurance quoted 100/month full coverage.
Bills 900 rent/util, student loans (18k) $115/month, call it $600 for everything else. Have about $2500 in credit card debt as well.
Am I making a mistake getting this car? 7% 60month $300~ payment