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My friend from India, Zubin, told me about the $500 to $1000 used car. It is cheaper to fix it up than it is to pay interest payments on a new car. It usually i

My friend from India, Zubin, told me about the $500 to $1000 used car. It is cheaper to fix it up than it is to pay interest payments on a new car. It usually is a compact car like a Toyota that is easy to fix and doesn't have a computer to control the car. Just replace the stereo with a better one and keep fixing the car. My son is the same way; he learned from YouTube videos on pickup trucks, earned his CDL, and learned how to fix diesel engines. He just welded his exhaust pipe on his truck today. Rich people used to do this. Sam Walton had a Ford pickup truck from the 1960s that he kept getting repaired.

PaulHoule 1y ago
My son needed a car to drive to work about two years ago, we figured it should be in my name so I can get an adult insurance rate. We found a $3500 '96 Buick Park Avenue which has needed more than the purchase price in repairs to keep on the road but it sure beats a new car or a newer used car and if it fails completely tomorrow we got our money's worth. My son wanted a car for fun and saw a $2500 '79 Thunderbird on the side of the road which we picked up a week and a half ago. You can't drive a car like that in Upstate NY in the winter because salt will eat it, but it is fun to drive around and be a bit of a celebrity. My wife and I have been in the habit of buying new or almost new Asian cars but the way things are going our next car will be a sub-$10,000 used car because (1) they're not making the cars we want to buy and (2) prices are too damn high.
- orionblastar 1y ago
  Funny that they use robots and outsource factories to third-world nations, and the price is still too expensive. My wife likes new cars, just got a Mazda 2025 with 1.9% interest, 2023 model is only a few hundred bucks cheaper but 8.9% interest. Cheaper to buy the new model and get warranty and service. My wife is a nurse and can afford it.

PaulHoule 1y ago

My son needed a car to drive to work about two years ago, we figured it should be in my name so I can get an adult insurance rate. We found a $3500 '96 Buick Park Avenue which has needed more than the purchase price in repairs to keep on the road but it sure beats a new car or a newer used car and if it fails completely tomorrow we got our money's worth. My son wanted a car for fun and saw a $2500 '79 Thunderbird on the side of the road which we picked up a week and a half ago. You can't drive a car like that in Upstate NY in the winter because salt will eat it, but it is fun to drive around and be a bit of a celebrity. My wife and I have been in the habit of buying new or almost new Asian cars but the way things are going our next car will be a sub-$10,000 used car because (1) they're not making the cars we want to buy and (2) prices are too damn high.

orionblastar 1y ago
Funny that they use robots and outsource factories to third-world nations, and the price is still too expensive. My wife likes new cars, just got a Mazda 2025 with 1.9% interest, 2023 model is only a few hundred bucks cheaper but 8.9% interest. Cheaper to buy the new model and get warranty and service. My wife is a nurse and can afford it.