Low-Ad1977 OP t1_ja6utgr wrote on February 27, 2023 at 7:27 AM

Reply to comment by weiner_forest in Trying to get out of Personal Loan Debt by Low-Ad1977

When my car was totaled I couldn’t get it repaired and I drive literally all over the state for my job and used cars were heavily inflated. Like cars same make and model were actually more expensive then a new one. Before this vehicle I never bought new but my circumstances were very different and didn’t have the luxury of time to shop around to find a good used vehicle and as I drive so much I needed to make sure it was a quality car and wouldn’t break down after purchase. Trust me I didn’t want the payment and still don’t but I had to buy a car to keep my job so I did what I had to do.

weiner_forest t1_ja8iuty wrote on February 27, 2023 at 5:11 PM

You have a job that requires you to travel up to 300-mile round-trips where they expect you to use your own vehicle and only pay $55k for someone with presumably a college education?

If they're not providing a company car + gas, or reimbursing mileage, you need to find another job ASAP. The IRS government reimbursement rate for business use of a personal vehicle is $.655/mile. If I conservatively assume you are doing 100-mile round trips daily, that's something like 2,000 miles a work-month or $1,310 after-tax that you're being shorted if you're not being reimbursed. If that's the case, no wonder you're falling behind.