Comments on: Lessons from personal car buying experience http://www.gatherlittlebylittle.com/2010/06/lessons-from-personal-car-buying-experience/ Proverbs 13:11 - "...he who gathers money little by little makes it grow." Thu, 09 Feb 2012 17:31:49 +0000 hourly 1 By: LarryFhttp://www.gatherlittlebylittle.com/2010/06/lessons-from-personal-car-buying-experience/#comment-215651 LarryF Wed, 07 Sep 2011 21:10:47 +0000 http://www.gatherlittlebylittle.com/?p=3359#comment-215651 I have to do a lot of driving for work so I couldn't stick with your high mileage rule. When I was looking to buy recently used cars with under 40k miles on them were almost as expensive as new so after following Dan's advice and checking edmunds.com I ended up getting a new Civic from http://www.truecar.com I have to do a lot of driving for work so I couldn’t stick with your high mileage rule. When I was looking to buy recently used cars with under 40k miles on them were almost as expensive as new so after following Dan’s advice and checking edmunds.com I ended up getting a new Civic from http://www.truecar.com

]]> By: Dan in Phillyhttp://www.gatherlittlebylittle.com/2010/06/lessons-from-personal-car-buying-experience/#comment-19111 Dan in Philly Tue, 22 Jun 2010 13:45:06 +0000 http://www.gatherlittlebylittle.com/?p=3359#comment-19111 1) Buy a car 2-3 years old with less than 30K miles on it. The price of the car is less because it's older, even though 20K is nothing for today's cars. Plus that car will still have it's original warrenty. 2) Buy at a dealership, even if it's just a bit pricier. They'll inspect the car nine way to Sunday and only sell quality cars, generally. 3) Buy a car with your long term needs in mind. In other words, if you are planning children, don't buy a car you'll need to sell in 3 years because it's now too small. Buy a car you expect you'll be driving in 7 or 8 years. 4) With #3 in mind, study and buy cars with low annual maintenance costs (you can find this stuff at Edmund's.com). Don't buy a new model without a history, go for something you know will be reliable and can last 200,000 miles or more. If you follow these tips, your car will last you between 6 and 10 years. While others are wasting their money either leasing or buying a new car every 3, you will be laughing all the way to the bank with the money you're saving month after month, year after year, in car payments you're not making, insurance you're saving since your car is paid off, and lower maintenance costs. 1) Buy a car 2-3 years old with less than 30K miles on it. The price of the car is less because it’s older, even though 20K is nothing for today’s cars. Plus that car will still have it’s original warrenty.
2) Buy at a dealership, even if it’s just a bit pricier. They’ll inspect the car nine way to Sunday and only sell quality cars, generally.
3) Buy a car with your long term needs in mind. In other words, if you are planning children, don’t buy a car you’ll need to sell in 3 years because it’s now too small. Buy a car you expect you’ll be driving in 7 or 8 years.
4) With #3 in mind, study and buy cars with low annual maintenance costs (you can find this stuff at Edmund’s.com). Don’t buy a new model without a history, go for something you know will be reliable and can last 200,000 miles or more.

If you follow these tips, your car will last you between 6 and 10 years. While others are wasting their money either leasing or buying a new car every 3, you will be laughing all the way to the bank with the money you’re saving month after month, year after year, in car payments you’re not making, insurance you’re saving since your car is paid off, and lower maintenance costs.

]]> By: FinancialBondage.orghttp://www.gatherlittlebylittle.com/2010/06/lessons-from-personal-car-buying-experience/#comment-19102 FinancialBondage.org Tue, 22 Jun 2010 01:31:46 +0000 http://www.gatherlittlebylittle.com/?p=3359#comment-19102 I agree, car payments stink. God willing I wont ever have one ever again. I agree, car payments stink. God willing I wont ever have one ever again.

]]> By: Khaleef @ KNS Financialhttp://www.gatherlittlebylittle.com/2010/06/lessons-from-personal-car-buying-experience/#comment-19095 Khaleef @ KNS Financial Mon, 21 Jun 2010 17:47:43 +0000 http://www.gatherlittlebylittle.com/?p=3359#comment-19095 I actually agree with your tips! I honestly didn't consider your 80,000 mile rule - but it's a good one. I'm not into cars either and will never finance one again! I actually agree with your tips! I honestly didn’t consider your 80,000 mile rule – but it’s a good one. I’m not into cars either and will never finance one again!

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