I have owned two different used cars. The first one had been extremely reliable but was about due for some major repairs thanks to all original parts and we sold that because at the time we didn't want the expense. We used mass transit for a number of years thereafter. The next car was ultra cheap and was well maintained by someone we knew. This is my current car and almost everything has been replaced so we should be good for awhile. This car has 300k on it and I would be very surprised if it doesn't reach 400k.
Neither was a bad experience because you can afford a lot of repairs when the initial price is cheap. Nor did either one require a tremendous amount of upkeep. I am not debt free but I have never added to my debt for a car and could never imagine doing so. My family always bought used cars outright when I was a kid. You basically make a car payment to your savings and use that for repairs and new cars.
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