The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: Poll: Spending Habits 1 - Cars New/Used Date:  6/22/2000  3:32 PM
Author:  terrynor Number:  11552 of 876377

I advocate buying "older cars" (5+ years) with moderate to high mileage. My current vehicle is a 1990 Acura Integra with 166,000 miles. I paid $3000 for it last year at 147,000 miles with new tires and paint. I expect to run the vehicle to over 250,000.

I good case can be made for the under $1,500 car being the most economical. Both of my cars in high school and college (15 years ago) cost under $700. I drove both well over 200,000 miles with little trouble.

With any car I do a good mechanical inspection including a compression check on the engine. I also do all of the maintainance and most of the repair. (I only take cars to a mechanic for tire replacement or muffler work.)

I also start looking for my next car about 6 months before I need it. I put the word out among friends. My Acura came to me through my brother when a third child was added to the family.


Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us