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Old 06-16-2014, 11:28 PM
 
1,018 posts, read 3,385,175 times
Reputation: 588

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in the past decade, i have driven 1000 - 2000 dollar cars. I like it because i dont have a payment, i dont care if someone hits my car, and i can fix cars so if something fails all i pay for is the cost of the part, and sometimes i go to the junkyard to get it if the part is a non moving part.

I'm in my late 20's now and everyone around me drives a car thats at least 8k or more, and for me to drive like this for a long time, and sometimes the public sees how i drive people just have a bad impression on me. all of the cars i have owned have damage on the outside and its a beater, and sometimes people look at that and just talk behind my back. I have not cared about what people think for a while and now i'm seeing where my life shaping up.

I sold my car 2 months ago and within the next few months i will shop for a car. my gut instint is to buy a car for 1000, fix it up, and drive it for a few years, and in the end i loose nothing in terms of loosing value on the car. If i buy a car that doesnt have damage, low miles, within 10 years old, I would be looking at least 8000 and i know for a fact within 6 years i can sell it for 1500, and for me, to save 6500 takes a while. I would much rather take the 6500 and spend it on a vacation or just bank it and be safe if i need it for something.


Its hard for me to change because ive been used to this way of living for a while, I never owed money, had a car loan, and im not scared if a boss is about to fire me because i have savings for at least 2 years. in my past job where there were layoffs, I was the only person there that didnt even sweat while other folks were keeping quiet and kissing behinds to hope that they dont get axed.


tell me what you think
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Old 06-17-2014, 06:32 AM
 
24,717 posts, read 11,055,349 times
Reputation: 47171
Why let peer pressure dictate your purchase?
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Old 06-17-2014, 06:44 AM
 
Location: southwestern PA
22,642 posts, read 47,805,311 times
Reputation: 48427
Quote:
Originally Posted by civic94 View Post

I'm in my late 20's now and everyone around me drives a car thats at least 8k or more
Everyone?
Over 8K?

Guess you either better get hoppin' on a new car greater than 8k... or become comfortable with who you are and what you can afford.
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Old 06-17-2014, 07:29 AM
 
Location: MO->MI->CA->TX->MA
7,032 posts, read 14,505,264 times
Reputation: 5581
Quote:
Originally Posted by civic94 View Post
in the past decade, i have driven 1000 - 2000 dollar cars. I like it because i dont have a payment, i dont care if someone hits my car, and i can fix cars so if something fails all i pay for is the cost of the part, and sometimes i go to the junkyard to get it if the part is a non moving part.

I'm in my late 20's now and everyone around me drives a car thats at least 8k or more, and for me to drive like this for a long time, and sometimes the public sees how i drive people just have a bad impression on me. all of the cars i have owned have damage on the outside and its a beater, and sometimes people look at that and just talk behind my back. I have not cared about what people think for a while and now i'm seeing where my life shaping up.

I sold my car 2 months ago and within the next few months i will shop for a car. my gut instint is to buy a car for 1000, fix it up, and drive it for a few years, and in the end i loose nothing in terms of loosing value on the car. If i buy a car that doesnt have damage, low miles, within 10 years old, I would be looking at least 8000 and i know for a fact within 6 years i can sell it for 1500, and for me, to save 6500 takes a while. I would much rather take the 6500 and spend it on a vacation or just bank it and be safe if i need it for something.


Its hard for me to change because ive been used to this way of living for a while, I never owed money, had a car loan, and im not scared if a boss is about to fire me because i have savings for at least 2 years. in my past job where there were layoffs, I was the only person there that didnt even sweat while other folks were keeping quiet and kissing behinds to hope that they dont get axed.


tell me what you think
I'd say just keep driving cheap cars if that's what you're into. I'd rather "buy" a lifestyle of no debt and not worrying about job loss using ample savings than use that money to buy a shiner car.
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Old 06-17-2014, 07:29 AM
 
18,551 posts, read 15,629,231 times
Reputation: 16240
Quote:
Originally Posted by civic94 View Post
in the past decade, i have driven 1000 - 2000 dollar cars. I like it because i dont have a payment, i dont care if someone hits my car, and i can fix cars so if something fails all i pay for is the cost of the part, and sometimes i go to the junkyard to get it if the part is a non moving part.

I'm in my late 20's now and everyone around me drives a car thats at least 8k or more, and for me to drive like this for a long time, and sometimes the public sees how i drive people just have a bad impression on me. all of the cars i have owned have damage on the outside and its a beater, and sometimes people look at that and just talk behind my back. I have not cared about what people think for a while and now i'm seeing where my life shaping up.

I sold my car 2 months ago and within the next few months i will shop for a car. my gut instint is to buy a car for 1000, fix it up, and drive it for a few years, and in the end i loose nothing in terms of loosing value on the car. If i buy a car that doesnt have damage, low miles, within 10 years old, I would be looking at least 8000 and i know for a fact within 6 years i can sell it for 1500, and for me, to save 6500 takes a while. I would much rather take the 6500 and spend it on a vacation or just bank it and be safe if i need it for something.


Its hard for me to change because ive been used to this way of living for a while, I never owed money, had a car loan, and im not scared if a boss is about to fire me because i have savings for at least 2 years. in my past job where there were layoffs, I was the only person there that didnt even sweat while other folks were keeping quiet and kissing behinds to hope that they dont get axed.


tell me what you think
6500 on a vacation? That's excessive!
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Old 06-17-2014, 07:37 AM
 
Location: MO->MI->CA->TX->MA
7,032 posts, read 14,505,264 times
Reputation: 5581
Quote:
Originally Posted by ncole1 View Post
6500 on a vacation? That's excessive!
So is spending over $10,000 on a car. I've probably spent at least 3x on vacations than cars in my lifetime..
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Old 06-17-2014, 07:40 AM
 
Location: southwestern PA
22,642 posts, read 47,805,311 times
Reputation: 48427
Quote:
Originally Posted by ncole1 View Post
6500 on a vacation? That's excessive!

Depends on the vacation... I would rather spend money on vacations than cars that's for sure!
But vacations are not the OP's concern..
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Old 06-17-2014, 09:51 AM
 
Location: Pennsylvania
30,616 posts, read 16,294,599 times
Reputation: 44515
I agree-your nickel, your decision.


Don't forget tho', people who can't fix their own car are also buying a bit of security.

As long as you are willing and able to fix it yourself, what you're doing makes sense to me.
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Old 06-17-2014, 10:19 AM
 
Location: Home is Where You Park It
23,856 posts, read 13,795,768 times
Reputation: 15482
You are doing it exactly right. If you need more factual validation, google up the average annual cost of owning a car.

I once bought a car from a used car lot. I had never done this before, but I was looking for a specific make and model, and it wasn't showing up in private ads. So I armed myself by reading a book called 'Don't Get Taken Every Time' by Remar Sutton, who had worked as a used car salesman. The sales tactics he described were so off-the-wall, I was sure he had cherry-picked bad examples. Nope, the salesman I encountered seemed like he had read the book too, as a sales manual, because he tried *every single* tactic in the book. I couldn't believe it. I tried to derail him to get him to deal straight with me, but it was no use, he was a robot.

The first thing he tried was "what would you say if I could put you in your dream car today?" To which I replied, "I don't dream about cars, I just drive them." He looked a bit startled, then tried a different tactic from the book...

The car selling industry in the US is one huge scam, which many, maybe most, Americans buy into. Let them knock themselves out by chasing the latest, that just results in a larger selection of used cars for you.
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Old 06-17-2014, 11:55 AM
 
Location: Sector 001
15,948 posts, read 12,322,050 times
Reputation: 16113
What you describe is just playing on people's emotions/passions which the media and advertisers have been doing since the advent of television. It's why everyone feels the peer pressure to buy the expensive toys.

What you are doing is smart, OP. Don't give into peer pressure.
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