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How long whould it take to get 10,000 dollars to buy a car?
Career / 11:51 AM - Sunday February 08, 2009

How long whould it take to get 10,000 dollars to buy a car?

I found a car i want to buy and it is 10,000 how long whould it take me to save that up . I have a job and i also have inhertance money coming in and my mom has her retirment money coming in also.

- Asked by Female, 26-28

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it depends on how much you save.

if you save this much per week...in this time you'll have $10k
$1 200 years
$5 40 years
$10 20 years
$25 8 years
$50 4 years
$100 2 years
$200 1 year

better start putting that money away soon....
$50 4 weeks

- Response by pizzatroll, A Mr. Nice Guy, Male, 46-55, Science / Engineering

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Community Rating: Community Star

depends, do you have other bills? and you really don't want to pay cash if you can make small payments

- Response by help09, A Thinker, Female, 36-45, Medical / Dental

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10,000 days at a dollar a day...not including taxes, et.
Why would your mom take her retirement check, to buy you car?

Do the math..that's whow dong it wil take.

- Response by phoenixbandit, A Guy Critical, Male, 66 or older, Columbus, Law Enforcement

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As a teacher....you have left some very important information out of this equation....
How much do you make? Do you have other bills that are more pressing and when do they come due? Will tax and licensing be included in this $10,000?

However.....if I were to just say that you were able to put aside $500 a month without any other debt, and it being inclusive of the tax and licensing.... you could have the car in 20 months....

- Response by zibet58, A Thinker, Female, Who Cares?, Teaching

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You would use your mothers retirement money on your car? That much sounds selfish. Useing your money is fine, how you spend that is your choice. ijs

- Response by loseing, A Guy Critical, Male, Who Cares?, Who Cares?

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Is that the final "negotiated" price of the car, including vehicle/property tax for your state, vehicle tags, car insurance and sales tax?

How long depends on how much disposable income you have to put away and not spend it on other things. The more you have to save away, the quicker you'll get to $10K. The less you have, the more time it will take you.

What about getting financing? Can you afford that? It's a way to build your credit.

Also, if you are between the ages of 18-21, beware of "sticker shock" when it comes to insuring your car.

good luck

- Response by msadvise, A Thinker, Female, 46-55, Transportation

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divide 10,000 by the amount you're able to save per month. The answer is how many months it will take you to save the $$.

Don't they teach this this simply math in high school?

- Response by thomasd, A Player, Male, 29-35, Boston, Technical

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