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SVTPerformance's Chain of Restaurants
Road Side Pub
Financial Decisions...selling a car
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<blockquote data-quote="smitty2919" data-source="post: 16456605" data-attributes="member: 113577"><p>A paid off beater is allowed to "cost you in repairs" upwards of your current car loan monthly payment. Anything more then the beater was not a wise choice. Plus you are not paying interest on said car loan.</p><p></p><p>As long as you pick a car wisely, I don't see a beater costing you $350/mo in repairs.</p><p></p><p>Sell your car, pay cash for another car. Put money into her loan to get it paid off quicker OR stick the money in a safe at home to sit on it. You need at least ONE dead reliable vehicle in the family.</p><p></p><p>And I'd pass on the Lexus variants. Sure "for a little more money" you get fancy doodads with Toyota reliability, but IMO not worth it when dealing with a spouse out of work and an uncertain future economy. No time for "wants" and luxury amenities. KISS (Keep It Simple Stupid) a very reliable/cheap to fix/very popular 4 door sedan car should be top of your list. Fusion/Camry/Accord/Impala etc</p></blockquote><p></p>
[QUOTE="smitty2919, post: 16456605, member: 113577"] A paid off beater is allowed to "cost you in repairs" upwards of your current car loan monthly payment. Anything more then the beater was not a wise choice. Plus you are not paying interest on said car loan. As long as you pick a car wisely, I don't see a beater costing you $350/mo in repairs. Sell your car, pay cash for another car. Put money into her loan to get it paid off quicker OR stick the money in a safe at home to sit on it. You need at least ONE dead reliable vehicle in the family. And I'd pass on the Lexus variants. Sure "for a little more money" you get fancy doodads with Toyota reliability, but IMO not worth it when dealing with a spouse out of work and an uncertain future economy. No time for "wants" and luxury amenities. KISS (Keep It Simple Stupid) a very reliable/cheap to fix/very popular 4 door sedan car should be top of your list. Fusion/Camry/Accord/Impala etc [/QUOTE]
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