Submitted by dannyj611 t3_zy9x4j in personalfinance
28carslater t1_j27cp2t wrote
Reply to comment by YLUP2 in Budget Struggles: Can't Afford my car, but can't live without one by dannyj611
I just bought and fixed a loaded Buick in Pgh for less than what you spend in a year @ $300/mo inc. $115/yr more insurance.
YLUP2 t1_j27rr6k wrote
Yes, in most cases owning a car is more efficient in the long run. The point is I don’t HAVE to spend even $100 if I don’t want to (the bus is $1 and I can walk to downtown for entertainment/shopping) I’m saving to buy a car in cash next year. The prices were too high this year and I would’ve ended up with a high month payment like OP. I don’t know enough about cars to take the risk of buying a cheap car privately (see this post)
28carslater t1_j27sk6d wrote
As an auto enthusiast and former wholesaler I could talk for hours on the subject of used cars, but the best advice I can give you is here.
The next best advice I can give is as a rule don't buy GM after 2010, though before some of the car models make surprisingly good beaters hence the Buick (its an '07).
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