poopshovel wrote:
To the OP: If the car is effectively going to be a throw-away, why not lease something? I know you're out of the 5-door-compact market now, but Honda was doing a 0, 0, 0 / $219/month deal on the Fit recently.
Cause we live on a cash only budget. No car or house payments, and plan to keep it that way! She drives a $20,000 car for 8 years, that's cheap motoring on a per/year basis. She has zero appreciation for anything a vehicle has to offer except motion form point A to point B; seriously, I doubt the radio has ever been on in her car. Wait, I take that back, she DOES like the Azenis 615's I stuck on the thing a few years ago!
I did look at it to see if leasing made any sense from a financial perspective.
Cheapest car you are going to lease around here will be closer to $300/month, buying her a new toaster-car for cash will put about 3k in my pocket at the end of the 8 years even after the added expenses of after warranty maintenance.
And yeah,I do realize that a used car would be the BEST bet, but that is my doing in that I figure she deserves a new car every so often.
Now back to my crusty old shop full of MGs and Healeys!