Should I buy a CLA 45 S AMG at 24 making $6.5k/month or is it a terrible financial decision?
I’m 24 years old, living in Medellín, Colombia and working remotely as a software developer making around $6,500 USD/month.
I found a 2022 Mercedes-Benz CLA 45 S AMG 4MATIC+ with 22,000 km for around $42k USD equivalent here in Colombia, which honestly seems like a very good deal compared to local market prices.
Right now I mostly use Uber and spend around $350/month on transportation.
The car would mainly be for comfort, luxury, fun, getting to know more places, enjoying driving, and having my first real car experience.
I’m thinking about putting around 50% down and financing the rest.
My parents think it’s a bad idea because:
- cars depreciate,
- AMG maintenance is expensive,
- and financially Uber makes more sense.
But for me it’s also about:
- comfort,
- enjoying life a bit,
- loving cars,
- and finally rewarding myself after years of working hard.
I wanted honest opinions from actual AMG owners, especially CLA45 owners:
- Do you regret buying it?
- How bad are the real maintenance costs?
- Does the car still feel special after a while?
- Would you buy it in my situation?
- Or would you wait a few more years financially?
Also curious if anyone here owns one in Latin America, since ownership costs and roads are probably very different from the US/Europe but are worth to know anyway!