Comments on: Stop Buying Crap #7 – Cars

By: rolo

rolo — Mon, 16 Apr 2007 23:40:14 +0000

Nobody can afford a new car, unless you enjoy a depreciation rate of 50% in the first year.

Buy your great little beauty than take it to a different dealer in 30 days for a trade in offer. You will be shocked at the depreciation of that little beauty you just had to have. Daughter did this with a custom big truck, added only 150 miles in 30 days, and was offered $14,000 LESS than she had paid the month before. What a racket.

I’m tooling around in my 1992 paid for Honda that looks okay, runs great with 235,000 plus miles, and best of all–no car payment for the past 8 years. Bought it used for a great price 11 years ago and have driven it non stop. Been saving what would equal a car payment and high insurance premium so I can pay cash for my next used car.

By: Dave

Dave — Sat, 26 Aug 2006 07:48:58 +0000

I drive the new 06 G35. It’s brand new, and I love it. The payments aren’t bad either. It’s a two door black coupe. A great driving experience. I could have done with out the $100 hike in insurance though.

By: Jessica

Jessica — Fri, 25 Aug 2006 07:58:01 +0000

My car is super crappy, a ‘92 Geo Prism w/about 227,000 miles on it. Looks decent enough (aside from some rust spots and the missing hubcap I lost on a curb back in the winter), lets me putt around my city just fine, and I own it!!! I’d love a new car, and whenever I see younger kids than me driving around nicer cars than my parents have, the green monster in me pops up. Then I remember I own my little hunk of junk on wheels and repair every so often is a lot cheaper than car payments w/high interest and high insurance costs.

By: Tommy T

Tommy T — Sun, 16 Jul 2006 18:47:59 +0000

Total Cost to Own is the only way to look at car ownership. http://www.edmunds.com and others. http://www.carsdirect.com will give you ballpark pricing without annoying salespeople calling you…

By: How To Be Poor Max

How To Be Poor Max — Fri, 31 Mar 2006 17:13:24 +0000

Sorry …

Couldn’t help myself in that spam comment. I promise I won’t anymore …

;)

[Cap: It's okay I was jk. Spam all you want.]

By: Free Money Finance

Free Money Finance — Fri, 31 Mar 2006 11:31:17 +0000

Star Money Articles for the Week of March 27…

Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: AllFinancialMatters listed nine questions to ask BEFORE you get married. MightyBargainHunter details the lengths he goes to to be frugal. Five Cent Nickel share…

By: Cap

Cap — Fri, 31 Mar 2006 09:46:45 +0000

Two of them!? Refer to your own post, mister! It’s a 01 Civic, headlight was cleared. [Edit: I forgot to include the link, now I feel like an arse].

When I took the picture, I knew someone will wonder what the 2nd car is. hehe. During traffic at night, I’ll always try to figure out what car is behind me via its headlight outline.

mapgirl: ouch. repo is never fun. had to look up what IIRC meant.

max: stop spamming :P

By: Jonathan

Jonathan — Fri, 31 Mar 2006 09:13:39 +0000

Do you have two of them?

The car geek in me is trying figure out the 2nd car next to it by the tiny sliver of the headlight.

By: Mercedes-Benz 300(S)D

Mercedes-Benz 300(S)D — Thu, 30 Mar 2006 21:34:46 +0000

I am the best car in the world. Ever.

I am so durable that even after 22 years from the day I rolled off the line, I have no rust, my engine sounds like butter, and my leather seats are still plush and supple.

I am so cheap and easy to maintain, so well-engineered and thought out, even the most non-mechanically inclined pendejos can change my oil and do tranny flushes.

My engine is so well-made, it is considered the best diesel engine to ever be put into a passenger vehicle.

I am so reliable, I’m still used in Africa and Europe as a taxi – 21 years after the last of me was produced.

I am 81-85 Mercedes-Benz 300(S)D. If you are not driving me, you are wasting money.

By: mapgirl

mapgirl — Thu, 30 Mar 2006 15:42:00 +0000

Friend A convinces Friend B to buy a car. Friend B doesn’t think about the cost of insurance and eventually the car is repo’d. Friend A now feels horribly guilty because he didn’t advise Friend B to factor in that cost.

IIRC, it wasn’t even for that nice of a car. Crazy. Always Always Always budget for gas, repairs and insurance.