A good, lightly-used car will do the trick as well in getting you years on the road with no car payments & minimal upkeep. But I've driven my share of crappy cars that were repair-money pits or had a short shelf life.
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My general philosophy of most things is buy rather than rent, & don't splurge but spend a little more to buy quality so it lasts & saves over the long term.
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Been driving used all my life. Volvo and Subaru sit in my garage. Don't buy new and maintain, buy good used.
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Yes, (as I followed up), that works too.
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Buy ~2yr good condition used is the way to avoid the gargantuan depreciation hit and still have a quality car that lasts a long time.
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The junker route can work, though it carries more risk. My best car value: bought an '87 Olds Cutlass from the junkyard for $900; drove it for 2.5 years, about 40k miles; only non-standard upkeep was a new radiator for $250; solid it for $650. That's a monthly cost under $17.
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I salute you.
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But alas, as always, being poor is expensive. A decent, new car, even a modest one, requires good credit or a substantial down payment, or a an exorbitant monthly car payment. Poor folks ain't gonna be able to that - thus junker to junker to junker which costs alot which hinders
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The ability to save up/build credit for a new one. And on and on and on
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My husband has been driving a bottom of the line BMW for over 10 years. It’s needed nothing but routine servicing.
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