Re: OT: new car advice

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Author: Darrin Chandler
Date:  
To: Main PLUG discussion list
Subject: Re: OT: new car advice
Siri Amrit Kaur wrote:

>Coming into this discussion late, with a few thoughts not directly
>related to your car list.
>
>A financial advisor once told me that making new-car payments for
>years was the single worst thing someone could do if they wanted to
>build their family's financial prosperity. He recommended getting a
>good-quality used car, paying cash for it and never make monthly
>payments.
>
>Of course, a good, reliable used car might not come cheap and you
>might not have that kind of cash on hand, but it's something to
>consider.
>
>You can often find great deals on older, big luxury cars with a single
>owner. They've usually been well-cared for. Nobody wants to buy them
>because they're looking for more fuel-efficient little cars so you
>can get them for a steal. I prefer big old cars because they're much
>safer if I get into an accident. I drive an '86 Crown Victoria with
>almost 200,000 miles on it, get 20 mpg and have been in 2 accidents
>that would have totalled a little car, but barely made a dent in
>mine. Aside from an oil drip and needing cosmetic work, it's a great
>car! The bluebook value is about $300.
>
>When it comes time to buy another car I'm going to get a diesel. The
>engines are simpler to work on, have fewer parts to break and best of
>all, they can run on vegetable oil AKA biodiesel fuel. Think about
>it: the next time there's either a real or fabricated energy
>shortage, you can fill your tank with vegetable oil and not be
>dependent on foreign oil.
>
>Biodiesel fuel emits no carcinogens or pollutants whatsoever. If you
>really want to drive cheaply, you can get barrels of used frying oil
>from restaurants and filter it yourself. Otherwise, bulk cooking oil
>from Sam's or Costco is very inexpensive.
>
>Go ahead and laugh at me now.
>
>Siri Amrit
>
>

At age 40 I've bought one new car. I may never buy another. In the last
six months I've bought three cars (wife, daughter, me) and they're all
used. Much more cost effective.

--
Darrin Chandler

http://www.stilyagin.com/

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