- This topic has 31 replies, 12 voices, and was last updated 8 years, 4 months ago by
spdrun.
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August 8, 2016 at 11:48 AM #22079August 8, 2016 at 11:53 AM #800405
spdrun
ParticipantWhy not buy a $5000 used car and spend the other $9211 on titties and beer? Used Corollas and Tercels are bad ass and last forever.
Or spend $1000 on some excellent bicycles and helmets 🙂
August 8, 2016 at 11:54 AM #800406scaredyclassic
Participanti like new car warranties and new cars with new parts. im not persuaded used cars are cheaper if held over say 15 years. but im open to data.
August 8, 2016 at 12:01 PM #800408ParticipantI’d rather support local mechanics and auto shops than union auto-assembler parasites in the Midwest or producers of new components in China.
August 8, 2016 at 12:01 PM #800407TeCKis300
ParticipantSounds like while you can get away with one car, it’s nice to have a second backup car.
As a backup car, I wouldn’t bother with new.
Perhaps you can use it as an opportunity to dabble in the next generation of car – an electric vehicle specifically. EV’s make great in town runabouts!
And you can do it on the cheap, with it still under warranty, for a little more than half the price of that new Corolla appliance.
Look at 2013/2014 Nissan Leaf’s. ~10k with low mileage. Either with factory warranty still intact or buy an extended warranty.
August 8, 2016 at 12:16 PM #800409Participanti just want the cheapest way. thread is sort of informative…
August 8, 2016 at 12:19 PM #800410ParticipantBuy fully depreciated, spend the minimum required to keep it running and legal (don’t be a p*ssy, do the work yourself), and sell it on Craigslist “for parts” when something too expensive breaks. You’ll come out ahead.
That’s why we’re talking about spending sub-$5000, not $13400 on a used car.
August 8, 2016 at 12:20 PM #800411Participant[quote=TeCKis300]Sounds like while you can get away with one car, it’s nice to have a second backup car.
As a backup car, I wouldn’t bother with new.
Perhaps you can use it as an opportunity to dabble in the next generation of car – an electric vehicle specifically. EV’s make great in town runabouts!
And you can do it on the cheap, with it still under warranty, for a little more than half the price of that new Corolla appliance.
Look at 2013/2014 Nissan Leaf’s. ~10k with low mileage. Either with factory warranty still intact or buy an extended warranty.[/quote]
those leafs really depreciate fast! do they work?
used late model corolla prices are same as new.
i need very reliable cars…also latest safety …
August 8, 2016 at 12:22 PM #800412Participant[quote=spdrun]Buy fully depreciated, spend the minimum required to keep it running and legal (don’t be a p*ssy, do the work yourself), and sell it on Craigslist “for parts” when something too expensive breaks. You’ll come out ahead.
That’s why we’re talking about spending sub-$5000, not $13400 on a used car.[/quote]
i am kind of a pussy.
August 8, 2016 at 12:29 PM #800413Participanti need very reliable cars…
Electric cars as mentioned by the other poster should be more reliable than gas, assuming the battery is good. They’re less complex. No shifting transmission, just a single gear set and differential, electric motor basically has one moving part (the armature or rotor) vs the hundreds of an infernal combustion fossil fool engine.
August 8, 2016 at 12:32 PM #800414Participanthmmm. nissan leaf. im intrigued.
August 8, 2016 at 1:15 PM #800420FlyerInHi
GuestBuy the Corolla. They may still have zero percent financing.
August 8, 2016 at 1:22 PM #800421The-Shoveler
ParticipantOur Back-up car is an old Truck.
Very useful at times.
Maybe you can get one 7-10 years old for about 5K
August 8, 2016 at 1:30 PM #800423ParticipantLeaf’s have proven to be very reliable. Since it’s a rather new vehicle, it has all the latest safety technology. And also has all the connectivity, options, and gadgets you would want from a new car. Plus that warranty!
The great thing is, as cheap as the corolla is to operate, this thing will be cheaper still! Practically pennies for “gas”, and very very low maintenance requirements.
As you’ll be someone new to EV’s, I think you’ll be pleasantly surprised. The motors instant torque, no heat/exhaust from underneath (especially hot summer days, and never having to detour to the gas station (full “tank” every morning), as HUGE perks to EV’s.
For the record, I don’t own a Leaf. Many of my colleagues and coworkers do. My wife has a RAV4 EV that I haul the family around in on weekends. I personally like the aroma and sound of burning lots of dinosaurs, but can’t deny the advantages of EVs.
August 8, 2016 at 1:55 PM #800425GuestWhy do the leafs depreciate so fast?
I wouldn’t mind an EV but I have nowhere to charge in the garage is my apartment.I have friend who owns 2 Teslas. He rents them out on Turo and more than pays for the cars.
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