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Reply to "Car Frugality Comparison"
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[quote=Anonymous]Married 25 years, 2 kids, current HHI = $230k 4 cars over that period 3 bought used (financed 2 of them, paid cash for one), one new (financed) I *think* the first one was $15k used. (But that was 18 years ago, memory is sketchy.) The second was ~$17k used. The third was $22k new. The fourth was $7k used. Current cars are now 8 and 10 years old. I'm actually going shopping this weekend for a new car to replace the 10-year-old one. (We have a teen driver and this car is not IMO safe for teens.) Our budget is $23k. We will finance it, as we have a kid headed to college soon and need to keep liquid right now. Will test drive Toyota Corolla, Honda Civic, Mazda 3, etc.[/quote]
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