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About 12 years ago that's what I was driving....well mine was an '81 but it was the same big boat car. Mine was a 2 door with the 307 and 200-4R auto.
Yes it was gutless and it even lost a race to a stock '96 Cavalier on the interstate once but it was a good car, reliable and contrary to what many want to believe, those Olds 307's are hard to kill.
About 12 years ago that's what I was driving....well mine was an '81 but it was the same big boat car. Mine was a 2 door with the 307 and 200-4R auto.
Yes it was gutless and it even lost a race to a stock '96 Cavalier on the interstate once but it was a good car, reliable and contrary to what many want to believe, those Olds 307's are hard to kill.
LOL! Now THAT is pathetic! Hilarious, but pathetic!
I had an '87 Caprice that I picked up for $1,000 just for a daily beater car. I'm guessing it had 120,000 miles on it when I bought it. In its condition, it surely wan't just 20,000. I drove the car for 5 years and 100,000 miles. It was a 305 4 barrel and the carb was out of tune, but I was still getting 22-23mpg per tank with a combination of city and highway driving. Maintenance was dirt cheap and easy. You take care of those cars and they'll take care of you.
I think it's a great idea. I am letting the lease expire on my Hyundai Tucson and am taking it back to the dealer this week. I picked up a 1994 Chevy Lumina for $750 and plan on driving the wheels off that thing and be payment free for awhile. I think it's a great plan for someone with a little know how and isn't too proud to be seen in something that is not the latest trend.
So you'd rather make $400 per month payments on a newer car, than just drive one that's paid for?
Here's the way I see it... You walk into the dealer, buy a new car, drive it off the lot and immediately lose 25% of its value. THAT is throwing your money down the drain.
Yes. buying new is always a waste of money but I didn't say buy new did I?
That said the economics in this case says that this 85 Olds' is past the point of diminishing returns.
Yes. buying new is always a waste of money but I didn't say buy new did I?
That said the economics in this case says that this 85 Olds' is past the point of diminishing returns.
The point is, every car is "past the point of diminishing returns."
Every car, no matter the age or condition, costs you money. And the longer you own it and the more miles you drive, the more it costs you. Doesn't matter whether it's late-model, or an older car.
What determines whether or not an older car is worth driving is the cost of obtaining the car, and its reliability. If he can stick $500 worth of parts in a car he already owns, and have a solid reliable daily driver - perhaps that runs for many years - he has made a very wise choice.
Minimum insurance. Minimum license fees. No monthly payments. That's a winning combination. I know, because I've done it for many years.
My sisters 2002 ford focus has had the engine & tranny already replaced at around 100k. Newer cars are not made as good as they were. I like my olds. Its a comfy car & i have what i want on it like p/s,p/b,tilt wheel,pwr windows,a/c (needs recharged) & am/fm stereo. The cruise control dont work. I dont need a trendy car cause if people dont like what i drive then thats tough luck. My mpg isnt too bad. The 307 v-8 is a excellent engine & my tranny is in good condition. I mainly need a front end alignment & i hope i pass smog.
Yes. buying new is always a waste of money but I didn't say buy new did I?
That said the economics in this case says that this 85 Olds' is past the point of diminishing returns.
Im surprised to hear that from a tightwad.
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