3 ms·
5k + 2k a year for 3 years = 11k Last time I had a used non-banger car I had it for 4 years, it cost 16k upfront, I sold it for 3k when it started having engin
by iso1631 5y ago
5k + 2k a year for 3 years = 11k
Last time I had a used non-banger car I had it for 4 years, it cost 16k upfront, I sold it for 3k when it started having engine problems, having spent thousands on it trying to keep it working (electrics were a big problem, but it was when oil started appearing in the radiator that I gave up). did about 50k miles in it.
Too much hassle, stress and money.
- jjav 5y agoBut that's basically an example of what I'm suggesting to avoid (if cheap transportation is the goal, that is). You bought a car with tons of depreciation still to go and sold it cheap. The person who bought it from you for 3K isn't going to experience much if any depreciation from there. I'm suggesting, be that person. My current commuter car I bought it for 4K eight years ago and the only expense is a yearly oil change and tires every few years. Since I don't commute anymore, thinking of selling it and have been getting offers for 5K. My previous commuter I bought for 6K and sold 15 years later for 3K.