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December 8, 2010 at 11:09 PM #638550December 9, 2010 at 7:38 AM #637518nocommonsenseParticipant
[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).
December 9, 2010 at 7:38 AM #637591nocommonsenseParticipant[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).
December 9, 2010 at 7:38 AM #638171nocommonsenseParticipant[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).
December 9, 2010 at 7:38 AM #638304nocommonsenseParticipant[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).
December 9, 2010 at 7:38 AM #638620nocommonsenseParticipant[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).
December 9, 2010 at 7:41 AM #637523nocommonsenseParticipant[quote=paramount]If you want a good estimate of what a car will cost you, check out Edmunds.com True Cost of Ownership (TCO).[/quote]
I’ve always found their TCO to be artificial and worthless. My maintainance cost is way lower than theirs and deflation, which is a big factor in their formula, is irrelevent to me because I’m keeping the car for a long time.
December 9, 2010 at 7:41 AM #637596nocommonsenseParticipant[quote=paramount]If you want a good estimate of what a car will cost you, check out Edmunds.com True Cost of Ownership (TCO).[/quote]
I’ve always found their TCO to be artificial and worthless. My maintainance cost is way lower than theirs and deflation, which is a big factor in their formula, is irrelevent to me because I’m keeping the car for a long time.
December 9, 2010 at 7:41 AM #638176nocommonsenseParticipant[quote=paramount]If you want a good estimate of what a car will cost you, check out Edmunds.com True Cost of Ownership (TCO).[/quote]
I’ve always found their TCO to be artificial and worthless. My maintainance cost is way lower than theirs and deflation, which is a big factor in their formula, is irrelevent to me because I’m keeping the car for a long time.
December 9, 2010 at 7:41 AM #638309nocommonsenseParticipant[quote=paramount]If you want a good estimate of what a car will cost you, check out Edmunds.com True Cost of Ownership (TCO).[/quote]
I’ve always found their TCO to be artificial and worthless. My maintainance cost is way lower than theirs and deflation, which is a big factor in their formula, is irrelevent to me because I’m keeping the car for a long time.
December 9, 2010 at 7:41 AM #638625nocommonsenseParticipant[quote=paramount]If you want a good estimate of what a car will cost you, check out Edmunds.com True Cost of Ownership (TCO).[/quote]
I’ve always found their TCO to be artificial and worthless. My maintainance cost is way lower than theirs and deflation, which is a big factor in their formula, is irrelevent to me because I’m keeping the car for a long time.
December 9, 2010 at 7:44 AM #637533nocommonsenseParticipant[quote=nocommonsense][quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. Wait, scratch that. Make that “a good Japanese OR American car”. We owned a new Checy Malibu and loved it. Very reliable car.
In my case I bought a new Honda at a price cheaper than most used cars ($16K).[/quote]
December 9, 2010 at 7:44 AM #637606nocommonsenseParticipant[quote=nocommonsense][quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. Wait, scratch that. Make that “a good Japanese OR American car”. We owned a new Checy Malibu and loved it. Very reliable car.
In my case I bought a new Honda at a price cheaper than most used cars ($16K).[/quote]
December 9, 2010 at 7:44 AM #638186nocommonsenseParticipant[quote=nocommonsense][quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. Wait, scratch that. Make that “a good Japanese OR American car”. We owned a new Checy Malibu and loved it. Very reliable car.
In my case I bought a new Honda at a price cheaper than most used cars ($16K).[/quote]
December 9, 2010 at 7:44 AM #638319nocommonsenseParticipant[quote=nocommonsense][quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. Wait, scratch that. Make that “a good Japanese OR American car”. We owned a new Checy Malibu and loved it. Very reliable car.
In my case I bought a new Honda at a price cheaper than most used cars ($16K).[/quote]
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