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Reply to "My new car payment is $1,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I know this isn't for everyone, but I laugh when I hear about how much people pay for a damn piece of metal that gets them from here to there. My oldest child is in her late 20s and I've never spent more than $15,000 on a car....[b]I've always bought a 2 year old mini van that looks and feels brand new and lasts me about 8 years.[/b] It has tons of space, lots of head room (which I like), trunk space, and every other practicality but it's not cool. People over the years have made fun of me but I don't care. I think of the approx. $100,000 I've saved over the past 20 something years and happily take my mini van wherever I need to go. My latest car had $30,000 miles on it and was 2 1/2 years old when I got it. Our family of 6, with now 2 teenage boys that are over 6 feet tall all fit in it, and I don't care what it looks like. I'm only on my 4th minivan btw. My youngest is 13 and I will have this car for the foreseeable future. I love it when I sit down to pay bills and DO NOT have a car payment. It's all about what people value. [/quote] Look, I agree with you mostly; I don't spend a ton on cars and tend to keep them awhile. But you are not getting any used minivan for close to $15000 in this market unless it is 15 years old. I am looking at used minivans now and the used ones that are 2-3 years old can be more than the MSRP for new ones[/quote] +1 I bought new for the first time in my life because it was cheaper than the 1-2 year old used cars. [/quote]
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