You are absolutely right…
You are absolutely right. Why go into debt just so you can have the latest and greatest in luxury. If your car is paid for, put the money you would spend on a new car into savings that you can later live off. I'm not saying don't buy it if you can, but most of us are not in that boat. By the way, I make plenty of money but choose to drive my 2007, yes 2007, Honda CRV with 371,000 miles!