Post by
Jesda »
https://forums.nicoclub.com/jesda-u7038.html
Sat Jul 19, 2008 10:55 pm
I'm not sure I understand buying a brand new economy car, unless you have no cash and are willing to endure payments just to have something to drive (its how Cobalts and G5s get sold). It is inherently uneconomical to purchase one new because of depreciation and the environmental impact of manufacturing. A used truck and a used Corolla would have been more advantageous.
I mean, its a Corolla. Whether its old or new, its still a dependable bore that offers great fuel economy and a quiet ride. So save your earnings and buy an old one. If you're going to take out a loan and make a sizable payment, it ought to be for something more enjoyable.
This is how Henry David Thoreau would have approached the problem:If you work 25 hours a month to pay for your car, and another 5 hours for full insurance coverage, is it really worth it? Almost an entire work week so you can drive a Corolla.
Over the course of three years, thats 1000 hours of your time devoted to working for that car.