As a young teen, I used dream about what kind of car I would be driving one day. I don't think I could have predicted that I would soon be getting around in a 1990 Honda Accord with over 200k miles in it. Yes, I own a beater, by any definition of the word.
Yes, a beater is what I have. It works most of the time, but I never know when something is going to break. I blow coolant hoses left and right, requiring seemingly simple yet annoying repairs to get working again. My car rattles, leaks, and generally behaves poorly.
If this is the case, why I am so glad to own this car? The reason can be summed up in a word: cheap. This car gets me around everywhere I need for next to nothing. This car gets me around wherever I need to go. It has even survived a couple long distance road trips. In short, it does everything I need in a car.
At almost no cost to me, my vehicle fills all my transportation needs. I paid under $2000 for the car 6 years ago, which is very little. Even factoring in the repairs I've had to do, its still amazingly cheap.
That's not the whole picture, of course. I also have to pay insurance, which is also very cheap. I do not have to pay for comprehensive, since the car is so cheap. My premiums are very low, saving me even more money with time.
Compare this to a new car. A newer car would cost me in payments, higher insurance, and more. While I would probably spend less in repairs, I still save a lot of money over time by keeping the clunker.
Of course, this isn't going to work for everyone. I even wish for a better car at times, but when I think how much freedom I have in my finances because of the clunker, I smile a bit to myself and continue driving. Think about it, and you might just free up a lot of cash each month.
Yes, a beater is what I have. It works most of the time, but I never know when something is going to break. I blow coolant hoses left and right, requiring seemingly simple yet annoying repairs to get working again. My car rattles, leaks, and generally behaves poorly.
If this is the case, why I am so glad to own this car? The reason can be summed up in a word: cheap. This car gets me around everywhere I need for next to nothing. This car gets me around wherever I need to go. It has even survived a couple long distance road trips. In short, it does everything I need in a car.
At almost no cost to me, my vehicle fills all my transportation needs. I paid under $2000 for the car 6 years ago, which is very little. Even factoring in the repairs I've had to do, its still amazingly cheap.
That's not the whole picture, of course. I also have to pay insurance, which is also very cheap. I do not have to pay for comprehensive, since the car is so cheap. My premiums are very low, saving me even more money with time.
Compare this to a new car. A newer car would cost me in payments, higher insurance, and more. While I would probably spend less in repairs, I still save a lot of money over time by keeping the clunker.
Of course, this isn't going to work for everyone. I even wish for a better car at times, but when I think how much freedom I have in my finances because of the clunker, I smile a bit to myself and continue driving. Think about it, and you might just free up a lot of cash each month.
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