A car is not an investment. Investments appreciate in value...like your 401k. If you need a car buy a cheap one in cash you've saved. If you need to stop contributing to the 401k.

If you can afford a car payment then buy a car dirt cheap. Pay yourself the car payment amount you would theoretically be paying monthly. Trade in the car at the end of a year with the money you've saved for a slightly better car. Wash rinse, repeat.
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Go Pack!

Taking money out of my 401k for a car yay or nay?

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