Quote:
Originally Posted by dmg1969
I had . . . my current car for the last 9 [years.] I plan on getting a new vehicle next year because it is starting to nickle and dime me to death. My nickle and dime, I mean $1600 last year and $1000 this year. That's a hell of a down payment on a new car.
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You can probably expect the car to cost you about $1500 on average a year in maintenance costs from now on. But $1500 a year for a car is a bargain. That's $125 a month. You can't get any new car for that kind of money. Buying a new car is about wanting that new car smell, not about good financial sense. It's virtually always better to keep an old car running than to buy a new one.