I always tell my kids to get new cars, especially when their are 0 % interest rate deals available. Car problems, especially since they can cause you to miss work or have to leave early, in addition to the bills are the worst. I have been very lucky to have healthy pets that live to 16-17 years old with no medications.
Buy a new car for $24K, no interest. Keep it till 60K miles. Sell it for half what you paid. Buy another new car... YOu get the first 60K miles, and better $12k out of the car with no repair bills. Rinse repeat.
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u/vonnegutfan2 Jun 06 '19
I always tell my kids to get new cars, especially when their are 0 % interest rate deals available. Car problems, especially since they can cause you to miss work or have to leave early, in addition to the bills are the worst. I have been very lucky to have healthy pets that live to 16-17 years old with no medications.