Lame Excuses for Buying a New Car

Second only to those who are house poor are those who are car poor:  Their cash flow and budget are demolished by car payments.  Yet these same people are unrelenting in their need to buy new and buy often.  I went on a personal finance message board to gather lame excuses offered by new car purchasers who really could not afford it.  Here are some of them, along with some proposed tough love responses:  Read more