Okay, thays not a bad idea! But what about maintenance? Do old cars not require high maintenance cost?
I love cards but new and cheap. Here in India we can buy a good new car in 5k to 10ks. So, I bought one 2 years ago all in cash ... And there's little to no maintaining costs for at least 10 years I suppose.
45 sats \ 2 replies \ @k00b 9 Jun
They claim it's only "$1.5K/year" which is pretty excellent
reply
That's what I'm saying. Here we can buy a midsize new car in 5k and the maintenance would be like 50 to 100 dollars for every 15000 kms ride.
So, a new car is better option here. I don't know too much about US.
reply
The problem is the insurance is never cheap. Even on old cars.
reply