Next week, I will make the final payment on my Nissan Altima. I am elated, but also already feeling the itch to go out and get something newer. I have had my eye on those cute little Honda Civics for quite some time. I’ve even decided that if I buy one, it must be blue with tinted windows.
I’ve also been considering a new Altima, mainly because I have been so happy with the one I currently own. It is an all-around enjoyable automobile; fun to drive, low maintenance, great fuel economy. The latest models have cool features like keyless ignition and transmissions that don’t shift.
Although the thought of a new car sounds quite attractive, I worry about making any kind of big purchase in the current economic climate. My debt-to-income ratio is pretty low at this point, but who knows where I might find myself in a year? Jobless? Homeless? Living in my car?
At least I could enjoy that new car smell all the time.