upgrade what you have and keep driving it, cash is king
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Throw $ at paid off daily or cut bait and replace?
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Originally posted by Cooterdifferent strokes for different folks... I buy my junk with cash, but I buy them out of warranty from individuals. Cash = buying power in that instance. I can get parts/repair labor done cheap and I have multiple vehicles. I also change vehicles often.
For my wife, she never has enough money to buy a nice cash vehicle. But buying a new vehicle with cash doesn't really yield any sort of buying power. She's the type to keep a vehicle for 6-7-8+yrs and run it 150-200k miles. For her it makes sense to buy a new vehicle at a decent price with 0% interest.
I told her long ago if she didn't want to drive the vehicles that I'm comfortable owning and maintaining, she was on her own and to just buy a new vehicle with a warranty. Life has been much better since! LOL
So on board with that buying process. My wife drives a 2004 Tahoe 5.3 4L60E Trans & my work truck is 2004 a 4.8 4L60E & The Rat & The Joker are LS based motors with The Rat having a 4L65E Trans & Joker a 6spd & any side cars I buy to flip & have fun with are motors I know Hence my 92 Flat Black coupe I call The Bucket 5.0 T-5 & I know these motors & body sytles. I would rather pay cash for my cars & buy something I know well then buy a new car & once that 3 years 36thosand miles run out im back buying a new car. I do like Toyota though & everyone in my extended family owns a Toyota. Both my sisters & mom drive Toyota's & my dad drives a convertible 2012 3.7 MustangGOD BLESS TEXAS
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He'll kick your ass.
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He'll piss in a glass!
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If a person doesn't do the labor, cannot source good prices for parts, and has to pay a mechanic to do the labor, it's usually a break-even or worse than a new auto payment on a yearly basis.
You'll find that people that do most of their own auto work will keep a car long after payments are done. They can also make the determination when a vehicle no longer holds a value proposition to keep maintained.
People that don't do most of their own auto work will opt for a new/newer vehicle.
I haven't had an auto loan payment since 2005. I have no intention of getting one.
Since I do my own mechanic work, I don't think I'll get a new vehicle until I am not able to work on car stuff myself.
The maintenance averages about $50-$75 a month and my labor for 2 vehicles. 1990 Miata, 2001 Silverado 5.3 RCSB.
Miata for commuting, Silverado for hauling.Jay Johnson
Car hauler for hire
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Update for MattB!
Threw money and new parts at it, and even painted the 18" coupe wheels a color I was sure Matt would hate! (Bronze)
The new suspension is a dream. Handles great, isn't too harsh. 350Z suspension and some fancy polyurethane bushings that are squeak-free so far.
Thanks again for y'alls input. I'm ready to drive this thing until it dies, then find another one just like it with lower miles and swap the parts over.
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Originally posted by UserX View PostLooks nice. But I think with the bronze wheels it would look better with the chrome blacked out.
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Originally posted by BLAKE View PostThat sounds like exactly what I need. Was that from an auto parts store or online?
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