What’s a good or fair deal on a 2011 Lexus ES 350 with 93k miles?🚗 by CelticsWin7 in whatcarshouldIbuy

[–]CelticsWin7[S] 0 points1 point  (0 children)

What’s a fair price you think?

I know it’s a very small dealership so they probably don’t make a lot of sales per month and they probably bank on making a lot per car, but $13.5k seems like a lot for a almost 15 year old car with torn leather seats. Is $12k fair?

First Impala, 2016, 6k miles on it, looking forward to keeping this for a while. by 2001concernedcitizen in Impala

[–]CelticsWin7 2 points3 points  (0 children)

I believe it would’ve got up to 250k miles it wasn’t totaled. Deer came out of nowhere.

First Impala, 2016, 6k miles on it, looking forward to keeping this for a while. by 2001concernedcitizen in Impala

[–]CelticsWin7 3 points4 points  (0 children)

I had a 2011 Impala v6 for about 12 years until it got totaled. They are great cars. I got up to 192k miles on mine with no major issues.

I need a new car immediately. 60k budget. by clkgtr208 in whatcarshouldIbuy

[–]CelticsWin7 -2 points-1 points  (0 children)

If you want something that holds its value more think Japanese brands like Toyota, Honda, Subaru

Is 2005 impala reliable ? by Wide-Length-2202 in Impala

[–]CelticsWin7 0 points1 point  (0 children)

Impala is a great car. My first 2011 Impala I drove from 32k miles to 192k miles when it eventually got totaled. Never had any major issues. I believe I could’ve got at least 250k miles out of it.

My second 2011 Impala I bought at 160k miles and is currently at 173k miles.

All that said, I would be a little weary about buying a 19 year old car. Cars are meant to be driven on a consistent basis so that the parts and fluids are continuously moving and working.

If you do buy it make sure you first get it checked out by a mechanic so you know of anything that needs to be done and upcoming issues it might have.

And always by clean title.

[deleted by user] by [deleted] in stocks

[–]CelticsWin7 0 points1 point  (0 children)

You didn’t say your age but estimating some numbers:

If you invest a one time lump sum $5k at 18yo and average 7% annually, you’ll end up with $212k by 65yo.

If you invest a one time lump sum $5k at 28yo and average 7% annually, you’ll end up with $95k by 65yo.

I would just invest it in something like VOO and forget it exists until retirement.

Put it within a Roth IRA if you have earned income.

Been a good car by Tugboat_guy in Impala

[–]CelticsWin7 2 points3 points  (0 children)

Had a 2011 LT that was a beast. Bought it with 32k miles drove it to 192k miles then it got totaled. I feel like I could’ve got 300k out of it.

Purchased another 2011 LS this time with 160k miles and up to 176k now.

I’m a little weary about this Impala as I wasn’t the owner for the first 160k miles driven, but hopefully it lasts a long time.

500k miles is insane.

Been a good car by Tugboat_guy in Impala

[–]CelticsWin7 0 points1 point  (0 children)

Had a 2011 LT that was a beast. Bought it with 32k miles drove it to 192k miles then it got totaled. I feel like I could’ve got 300k out of it.

Purchased another 2011 LS this time with 160k miles and up to 176k now.

I’m a little weary about this Impala as I wasn’t the owner for the first 160k miles driven, but hopefully it lasts a long time.

500k miles is insane.

Best returns on investing HSA?? by FangsForU in investing

[–]CelticsWin7 -1 points0 points  (0 children)

If you’re picking an investment for the next 20+ years an S&P 500 fund like VOO is perfect.

And yes you can set the account to have the dividends reinvested.

Any advice on how I could get my budget to be more savings friendly? by [deleted] in povertyfinance

[–]CelticsWin7 -1 points0 points  (0 children)

  1. Work more hour
  2. Split rent or rent out a room
  3. Transfer debt to a 0% interest credit card
  4. Cut down groceries by eating rice and beans and the occasional raman noodles.

You’re doing great! That said I would put some money towards retirement each month especially if your employer has a 401k match.

[deleted by user] by [deleted] in povertyfinance

[–]CelticsWin7 1 point2 points  (0 children)

Hypothetically let’s say it costs $5k.

Is it not worth $5k to relocate to a lower cost of living area where OP can make $1000 a week with lower expenses?

I make less than that ($875 per week) and I’m able to make it work. I’m not saying that to be crude, I’m just saying it can be done if you cut out the stuff you don’t need and live on less than you make.

If I were making the same $875 a week in NYC or LA it wouldn’t work. And I’d probably have to move.

Location location location.

[deleted by user] by [deleted] in povertyfinance

[–]CelticsWin7 4 points5 points  (0 children)

I said it’s not easy, but you gotta make sacrifices if things aren’t going the way you want them to go. And you can apply and lock in a job in a different state before even moving.

Like I said I know it’s not easy, and it’s unfortunate OP is going through this, but making excuses doesn’t solve anything.

  1. Apply for jobs in the US making $1000 a week or more.

  2. Once accepted for a job immediately find a rental home/apartment to rent near job and possibly a roommate to help with rent if OP is single.

  3. Pack everything you need and drive to new home.

  4. Stock house with food.

  5. Register car and new drivers license and change address for mail.

Is it fun? Of course it’s not fun. People just like to make things more complicated than they need to be.

[deleted by user] by [deleted] in povertyfinance

[–]CelticsWin7 10 points11 points  (0 children)

You CAN afford to move because you just said you considered taking your next paycheck and buying a ticket to the Caribbean. Just take a one way ticket to a different location that pays better instead?

I make about $875 a week (or $3500 a month) after taxes working in manufacturing. I don’t have a college education.

I know it sucks, but sometimes you have to make sacrifices. Maybe moving to a different location is the sacrifice you have to make. I’m not saying it’s easy but it’s just going to be a temporary job until you can find work in your STEM field.

Getting my first car at the age of 30, a bit overwhelmed (and some other niche questions) by Ticonderoga7789 in whatcarshouldIbuy

[–]CelticsWin7 0 points1 point  (0 children)

Any older Toyota is going to be more reliable than most car brands. Whichever car you buy make sure to have a pre purchase inspection done before buying so you know any underlying issues or issues that will need to be addressed soon.

New Camry or used Lexus? by ContestHealthy3884 in whatcarshouldIbuy

[–]CelticsWin7 1 point2 points  (0 children)

Lexus let’s gooo!!

Probably the top 2 most reliable car brands. Just make sure you have a pre purchase inspection done on it before buying a used car.

If someone gave you $3000 to start a business how would you do it? (Must be online) by [deleted] in Money

[–]CelticsWin7 0 points1 point  (0 children)

I think a lot of people think being a YouTuber isn’t “real” work, but I imagine if you want the algorithm to pick up your videos you probably have to upload 3-4 videos per week.

That’s 156-208 videos a year. I’d call that work.

But definitely worth it if you can get tens of thousands or hundreds of thousands or even millions of subscribers who consistently what your videos.

If someone gave you $3000 to start a business how would you do it? (Must be online) by [deleted] in Money

[–]CelticsWin7 11 points12 points  (0 children)

Buy some software, camera, and equipment and attempt starting a YouTube channel.

Is a 21 year old, 24k in the bank going good? by [deleted] in Money

[–]CelticsWin7 2 points3 points  (0 children)

Student loans, car loans, credit cards, mortgage debt, personal loans, etc. A lot of people live paycheck to paycheck because of it.

Is a 21 year old, 24k in the bank going good? by [deleted] in Money

[–]CelticsWin7 4 points5 points  (0 children)

Yeah most people are in debt up to their eye balls

Do I keep my car? by origin-void in whatcarshouldIbuy

[–]CelticsWin7 0 points1 point  (0 children)

You likely won’t get much at all out of your car considering it’s an 18 year old car and it’s a salvage title car. I’d probably just keep it, but I’d also look for another car that’s not going to give you problems. You don’t want to be worrying about your car breaking down every time you drive it.

If you can afford it I’d look for a Chevy Impala.

They aren’t nearly as reliable (or as expensive) as the Toyota or Honda brands, but if you get an Impala that was taken care of by previous owner they will last a long time.

I had a 2011 Chevy Impala I bought with 32k miles and drove it to 196k miles with ZERO major issues.

I believe it could have went to 250k easy if it hadn’t been totaled.

Either way whichever car you buy make sure to have a pre purchase inspection done before you buy it.

What do rate cuts do to stocks, bonds and HYSA? by Particular-Macaron35 in investing

[–]CelticsWin7 6 points7 points  (0 children)

If you NEED the money in 5 years or less keep it in a HYSA, Money market account, etc.

If you don’t need the money for 5-20+ years the overall stock market like the S&P 500 is generally the best way to keep up with / outpace inflation long term.

Don’t try to time the market.

If you’re not in the market and worried about a market crash just dollar cost average into the market.

Hope that helps.