5 ms·
Not that anyone is going to be convinced of anything here, but... Car: $11,600 http://bellingham.craigslist.org/cto/5494584275.html http://bellingham.craigsli
by flubert 11y ago
Not that anyone is going to be convinced of anything here, but...
Car: $11,600
http://bellingham.craigslist.org/cto/5494584275.html http://bellingham.craigslist.org/cto/5494584275.html
Taxes/tags: $1,500
Gas: $150/mo (100,000 miles @ 25mi/gal @ $2.50 gal over 6 years) = $10,000
Maintenance: $250/year * 6 years = $1,500
Insurance: $600/year * 6 years = $3,600
2 sets of 65k mile tires: 2*600 = $1,200
sell the car @140k miles: -$2,000
http://seattle.craigslist.org/see/cto/5488481558.html http://seattle.craigslist.org/see/cto/5488481558.html
Total: $27,400 or $0.274/mi
- superuser2 11y agoThat's a salvage title, not something most people are comfortable with. You certainly can find a car for that or much less, but not a 2012 Camry.
- jschwartzi 11y agoWhat about the inevitable repairs on a used car? I find that I spend another 1000/yr on things that break in my car because it is off-warranty. Also, gas prices are more like 2.80 to 3.50 here in Seattle, historically.
- marssaxman 11y agoI spend at least $2000/year on things that break in my car (and I've never owned a car new enough to know what is or isn't covered by a warranty), because it's a Range Rover and replacement parts cost more than you think they should. That's still far less than I'd be spending on monthly payments if I had a newer car, and insurance is cheap since I don't have a loan company requiring me to sign up for the expensive comp/collision package, so I feel like I'm coming out way ahead.