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From: Don <d...@t...net>
Newsgroups: misc.invest.financial-plan
Subject: Re: Economics of retaining an older car, versus a buying a new car
Date: Sat, 5 Jul 2008 19:14:53 -0500
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On 2008-07-05 14:15:08 -0700, Bhoot Nath <d...@y...com> said:

> We can afford a new car, without loan, and it won't impact our other
> savings, yada, yada, but I feel crummey having to "throw-away" a
> perfectly good car...
>
> I would appreciate how prudent people who post on this newsgroup make
> such decisions...

I have been told that imported cars like Volkswagens, Toyotas, etc.
last longer and need less maintenance than the big US made-in-Detroit
vehicles. I know little and care less about cars and don't know whether
or not that is true, but it seems like this issue could make a
differences in expenses in the long run. I realize it is nice to
support the local economy, but doing so to the tune of a few thousand
in maintenance expenses might not be prudent. Maybe a US citizen can
save money by dropping patriotism (just temporarily, of course) along
with collision insurance.

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