This is the post:
Car upgrade?
I've sort of been thinking about my car situation. Either I keep the car I have, which is a 2001 Japanese made with 141,000 miles -OR- get a newer 2006-2007 Japanese made car with around 40k - 50k miles on it and pay the difference of about $5,000. My car is 10 years old this year, and I know I can drive it at least another 3-4 years with basic repairs. This car will keep going to at least 200k miles!
I've never loved the car I'm in, and would really LOVE to have heated leather seats because I get cold so easily, but should I? Never going in debt to buy another car would be key, and I have the money now, but do Iwant to do this?
It's something to think about.
This car is now 11 years old and has just over 175,000 miles. It still runs, but I took it to the shop yesterday to find out all the little things it needs. They sure gave me a long list, but the reason I wanted to find out is because I am going to sell it. Reason being...I BOUGHT A CAR!
Last month I bought a 4 year old car with incredibly low mileage. Let's just say it was/is practically a brand new car. It wasn't cheap, but I PAID CASH!!! It's a MINI Cooper S with leather seats, sport package, cold weather package and custom wheels. This car is a ton of fun to drive, it's like a go kart!
If I hadn't got myself out of debt and started saving money, I couldn't have done this!
I feel so blessed and am thankful to God for the dedication and desire I've had to work on my financial situation as well as the ability to make it happen. I'm not saying this only because I got a new car, I feel better and less stressed about money as I did in the past. However, the feeling to know you don't have a car payment is great!
I'll work on selling the old car soon because the insurance on both cars is double :( My payments used to be $66 for the last one, and next month the bill is $125.
Now it's time to start saving money for the next car :) I'm stashing a small amount here and there in my "Car Fund" account.
Cheers!
Posts
