Should I buy a new hybrid car if I just went through Chapter 7 bankruptcy?

"Through bankruptcy, I was able to keep my car and car loan. However, my current car gets only about 22 mpg.

I want a hybrid car that gets at least 35 mpg. Should I get the new car if it will save me on gas, even if I just went through bankruptcy?"

Answer
“No, you should absolutely not buy a new car. You just got out of bankruptcy. The last thing you want to do is get back into debt.
Drive your current car until you have to duct-tape the doors on. It’s the only way that you’re going to get yourself out of bad spending habits and crippling debt.”
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Eric Schad
Answered on Jun 03, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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