Monthly Archives: November 2015


Need a car

I live in a major city and currently do not have a car and don’t really need one. However, I am going to be moving out of the city into a more suburban area where I will be buying a house and definitely will need a car to commute to the city. Please don’t suggest that I buy in the city so I don’t have to spend money on a car because it is WAY too expensive to buy here. I have been mostly out of debt for 5 years except for a tiny student loan and a very low interest rate and have an emergency fund.

The last 3 used cars I had were TOTAL lemons and costed me HUNDREDS in repairs and things got so bad that I would have had to have spent even more if I kept any of them. So I feel really jaded about buying a used car and have had an extreme amount of bad luck.

What I really want is to have a super reliable car that will last a really long time. One of my friends has a Honda Accord that she has had since brand new and it is now 25 years old, she has had very little problems and it still runs great. This is what I am thinking I want, a brand new Honda Accord or a Honda Fit that is completely reliable, under warranty, that will last for 20-25 years.

Because I am saving to buy a house, I can’t also save to buy a new car and pay cash for it. Do you think that given my debt free situation, that it would be bad for me to buy a brand new car and finance it? I would have enough monthly income to pay extra and pay it off sooner. I know Dave is against buying new cars, but since I am planning to keep it for 20+ years, and am debt free, it seems like it would be okay. And like I said, I have had sooooo much bad luck with used cars, I just don’t want to go there again. Please let me know what you all think.