I don't believe that I should spend my money buying something that I don't want.
There are cars that I love that came out in the late 1990's when I was a kid. Now that
I am older and need to rely on a vehicle for commute to work, most folks around me say stuff like "why would you want to buy a car with over 120k mi. on it?" or "it's beyond me why you would want to by a 20 yearold car!"
Cars are made of interchangeable parts, that can be replaced with reconditioned or new parts. If I can by a 1997 toyota corolla that runs fine with 120k mi, cold ac, timing belt already changed, new water pump and good tires for $2300 cash, why not? Throw another 2k on replacing all the shocks, front end parts (ball joints, cv axles,), new brake rotors and wheel bearings all around, and the car will be riding like it came off the show room floor... From this point on, a good tune up and regular oil changes can have the Corolla riding trouble free for a good 4 or maybe five years without any major work needing to be done.
Sure that is spending 4 grand to be driving an old car, but if it's what I love, i don't see anything wrong with it. The other side of the coin is to put down $4k on a 2012 corolla and which will probably Go for about $16k...Then make payments for 5-6 years on it and by the time I make my last payment probably spent about $22k. Buy the time the payment is done, the same money that would have been dropped into the 97' Corolla will have to be spent on the 2012 Corolla anyway, unless I trade it in an get myself into another car payment.
With half of what i would spend on a new car, I could probable replace every bolt on a 90's car LOL! And the 90's style is what I love so why give that up!? Only way I am gonna make payments on a vehicle for my own personal use is if it's something special that may become a collectable in the future. I will help my wife make payments on a newer/new vehicle for her comfort and peace-of-mind, but I can't justify doing it for me, I see no point in spending so many thousands of dollars on something that serves the same purpose and function of something I can get for a fraction of that cost.
There are cars that I love that came out in the late 1990's when I was a kid. Now that
I am older and need to rely on a vehicle for commute to work, most folks around me say stuff like "why would you want to buy a car with over 120k mi. on it?" or "it's beyond me why you would want to by a 20 yearold car!"
Cars are made of interchangeable parts, that can be replaced with reconditioned or new parts. If I can by a 1997 toyota corolla that runs fine with 120k mi, cold ac, timing belt already changed, new water pump and good tires for $2300 cash, why not? Throw another 2k on replacing all the shocks, front end parts (ball joints, cv axles,), new brake rotors and wheel bearings all around, and the car will be riding like it came off the show room floor... From this point on, a good tune up and regular oil changes can have the Corolla riding trouble free for a good 4 or maybe five years without any major work needing to be done.
Sure that is spending 4 grand to be driving an old car, but if it's what I love, i don't see anything wrong with it. The other side of the coin is to put down $4k on a 2012 corolla and which will probably Go for about $16k...Then make payments for 5-6 years on it and by the time I make my last payment probably spent about $22k. Buy the time the payment is done, the same money that would have been dropped into the 97' Corolla will have to be spent on the 2012 Corolla anyway, unless I trade it in an get myself into another car payment.
With half of what i would spend on a new car, I could probable replace every bolt on a 90's car LOL! And the 90's style is what I love so why give that up!? Only way I am gonna make payments on a vehicle for my own personal use is if it's something special that may become a collectable in the future. I will help my wife make payments on a newer/new vehicle for her comfort and peace-of-mind, but I can't justify doing it for me, I see no point in spending so many thousands of dollars on something that serves the same purpose and function of something I can get for a fraction of that cost.
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