Quote:
Originally Posted by LivingAlmostLarge
Wincrasher, hadn't considered the interest rate. But it would have been a $4k cash car, no financing. what I got was what I could buy.
Jim, I see the math. But how does it work for beater cars that are like $2-4 that you just drive for a couple of years, then when they die you let them? Versus a new car? I mean not a relatively new used car but a beater?
Wouldn't the beater come out ahead?
DS, yeah maybe I should I have wanted more input. But I think I was just too happy to get money.
|
Many used car can go beyond 12 to 20 years as long it is properly maintained. But also about finding the right model/year that had fewer problems.
I bought my 95 Altima GLE for 3K in 2006 after researching this model for almost 6 months. I found it on Craigslist locally that a very low miles (76K). I was very skeptical about the tampering on older models since i knew this could be a scam. So I had my mechanic go thoroughly section by section-- even taking out all car seats to check for any accident marks. I also run a carfax history on it. It was all legit and found no problem. I still have it after owning it for almost 3 years this June. It still running and kicking after 14 years and counting....