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Lechlikowski t1_iy8xyz8 wrote

Reply to comment by MaleficentPi in LPT: You don't need a car loan. Seriously. by dvlpr404

40 years old and also have never bought a new car in my life.

I find really good cars at a fair price and have been lucky enough to not have them nickel and dime me to death. I currently own a 2000 Chevy S-10 and 2004 Kia Rio, both just passed smog with flying colors.

I am far from resembling a mechanic, some of us folks just choose to be more frugal and responsible when it comes to living within our means.

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MaleficentPi t1_iy8y2bt wrote

Cool. And good for you!

But it’s not the same for everyone, is it? And when your vehicle operating expenses exceed the maintenance budget, what will you do with your used cars?

Nobody is telling you not to buy a used car.

However, there’s a myopia that you and the OP have in which you assume your situation is universal to everyone out there. This is not a pro life tip. It’s not even a life tip. It’s a financial option for frugal living.

Very few people I know in the lower to mid six figure salary bracket think buying a used car is a great idea. More people in the mid to lower five figure think it’s great.

It depends entirely on whether your time is more valuable to you. And for you, it seems to be that you’re willing to spend more time to get a better deal. Cool.

Not everyone is willing to do that.

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dvlpr404 OP t1_iy96mm3 wrote

This advice isn't for 6 figure income lmao.

Edit; forgot the 6

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MaleficentPi t1_iy973ec wrote

Clearly.

It’s for people who have more time than money, not less.

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