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Joined 1 year ago
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Cake day: February 10th, 2025

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  • There are not many things that can require a $5,000 repair, unless you’re crashing your car into things in which case a new car is going to hurt your even more.

    A $5,000 repair is still cheaper than an $1000/mo car+insurance payment. Unless you’re replacing your engine or transmission every 4 months then you’re still going to be paying less by covering the repairs.

    The cost of ownership of a used car 5-10 years old is cheaper than a new vehicle. This has been the case for decades. Buying a new car has always been the most expensive option in both the short and long term.




  • Reliable cars have existed for quite some time. Some of them are older and need some of the parts replaced, but they are no less reliable.

    But, If by reliable you mean ‘cars I can drive for years with only simple maintenance’ then yes, you’re right. Only new-ish cars will have that property.

    However, if you have to spend $5000 to repair a $5000 used car which costs you $0/mo + $80/mo in insurance you will save far more money in the long-term than paying a $5000 down payment and then $700-800/mo + $200-250/mo in comprehensive insurance for the next 72 months.

    It is a lot easier and less hassle to simply sign a contract and pay $950/mo, but it is far more expensive in the long-term.



  • Stop measuring your self-worth by the car you drive -> Buy ancient Toyota or Honda -> Save $800/mo in car payment, $300/mo full-coverage insurance -> Pay for the occasional repairs -> Profit.

    Or, keep paying out the nose for a status symbol that you use for an hour or two a day to be seen by strangers who will think you’re an asshole who can’t drive or park regardless of how shiny the badge is on your hood.