In Debt Again...

[Bowser]

I pretty much ran the piss out of my old '93 Subaru Legacy, so we had to go car shopping and get another car. After visiting several dealers and trying to make several deals on the new and used cars that we liked, we finally found a price and car that worked. It seems that many of the used cars have prices that are just short of the cost of a new car, so we went with a new car. Though I love the new car, I'm bummed about the payments that we will be making for the next five years.

The first new car I purchased cost $6,000.00 back in '88. You can't find a good used car for that price now. Buying a are is like buying a house, or so it seems.

 

[cosmictraveler]

If you want a car that is in good mechanical condition, low milage and economical then you will pay more than for some piece of crap that will need allot of work done in order to make it drivable. It is better to put the money into a better used car say two years old than buying a newer one because you will save at least a third of the price and you'll have a low milage car with a warranty still left on it in case something does go wrong with it. It is harder these days to find a low milage two year old car and that's a big problem when deciding which way to go. Hope your new car lasts as long as your old one and I'm sure it will if you maintain it correctly every year.

 

[nietzschefan]

Don't buy a used car from a dealer. Buy it from an old lady that barely even drove it.

 

[Stoniphi]

...up and down the driveway on Sundays just to kill ants.

 

[spidergoat]

Kia Rio, 13-16K, decent power and very good interior.

 

[The Esotericist]

I pretty much ran the piss out of my old '93 Subaru Legacy, so we had to go car shopping and get another car. After visiting several dealers and trying to make several deals on the new and used cars that we liked, we finally found a price and car that worked. It seems that many of the used cars have prices that are just short of the cost of a new car, so we went with a new car. Though I love the new car, I'm bummed about the payments that we will be making for the next five years.

The first new car I purchased cost $6,000.00 back in '88. You can't find a good used car for that price now. Buying a are is like buying a house, or so it seems.

This was planned. I know a mechanic that works in the underground economy to keep old models on the road. The government, elites, and car companies essential declared war on the lower classes, middle classes, and younger and new drivers with their whole, "cash for clunkers" scheme when they bought up and junked a whole lot of perfectly good used cars. It was devastating and wasteful. The only people it really benefited were the corporate elites, and factory workers over-seas. Oh yeah, and people that could afford a great deal on a new car. . . .

We both knew then that there would be a real lack of decent used cars in the coming years. So. . . I'm not surprised to hear this story, I was expecting to hear it. Not so much in the media though. Maybe eventually someone will hear a criticism of this hair brained scheme. . . maybe not. I wouldn't be surprised if they try this move again. It was a rather popular way to infuse a bunch of liquidity into the economy. And they just can't think of enough ways to do that, can they?