Curious to know what make/model it is so I can find a similar deal next time I need a car.This is always a good topic for me because I am a car guy and I love cars but one thing I love more is no car payment. Everyone I know wants the newest car around me and keeps asking me when I will buy a new car. I always tell them, there is nothing wrong with my car, it is reliable and I only drive 15 miles a day. I've had it for 14 years now, paid $5k cash for it, it is still worth $5k (to a car enthusiast) with 326k miles on it.
My favorite line from people that have the new cars is "i have a new car and I never put money it." That is true but your car also cost you $40k (more if you're paying interest), you will sell it in few years for maybe $20k, so technically your maintenance free car cost you about $20k during that time minus oil changes are required maintenance that every car needs".
I will drive my car as long as I can but there will be a time where I won't be able to fit 3 kids with car seats so I will need a newer car. One thing with me is I buy cars for a very long time because I get attached to them and I know how to work on small things. I get the most use out of cars unlike the majority of the population.
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