Freejack2
Diamond Member
I used to be a new car person but it finally occured to me why am I wasting money to make a payment on a new car every 3 to 5 years. A used car or driving a car after it's paid off may not look as snazzy as a new car but I don't really care. I'd rather save the cost of a monthly car payment.
My car has 2 payments left on it and I intend to drive it for another 3 to 5 years then get a used car that's under $5000 and drive that for 6 or 7 years. I figure it will cost me some money to keep the car in top running condition but nothing near what car payments cost.
What is your opinion on buying a new car vs driving a car for 8-10 years or buying a used one?
My car has 2 payments left on it and I intend to drive it for another 3 to 5 years then get a used car that's under $5000 and drive that for 6 or 7 years. I figure it will cost me some money to keep the car in top running condition but nothing near what car payments cost.
What is your opinion on buying a new car vs driving a car for 8-10 years or buying a used one?