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TopicMike Rowe savages lazy, entitled millennials with S.W.E.A.T. Pledge
fire_bolt
05/23/17 7:03:39 PM
#301:


yoshifan1 posted...
I'd say a new car is still better than used. By the time you're done sinking money into a used car, you've effectively paid off a loan for a new one. Taking on debt is not bad, as long as you understand how to manage it. When you buy a used car, you're buying someone else's problem.


Lmao no. I've never paid more than $3000 for a used car, and until I bought the one I've got now I'd never paid more that $1500 for one. I also rarely have mechanical issues because I know enough about cars to handle routine maintenance like oil and spark plug changes. My repair bills for all my used cars since I was 18 are less than $2000. Overall, having bought 5 cars in 15 years, I've spent less that $10,000. Math tells me with trade ins on my cars (except the first) the total is roughly $7200. I was fortunate enough to have family who insisted I be educated on cars enough to not get hustled by a slick salesman. I've also never financed a car, saving up to buy my first one and always trading in on later cars once I saved up enough to upgrade. Admittedly, I drove some real shitty clunkers for a long time but they got me where I was going reliably.
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