Reliable cars have existed for quite some time. Some of them are older and need some of the parts replaced, but they are no less reliable.
But, If by reliable you mean ‘cars I can drive for years with only simple maintenance’ then yes, you’re right. Only new-ish cars will have that property.
However, if you have to spend $5000 to repair a $5000 used car which costs you $0/mo + $80/mo in insurance you will save far more money in the long-term than paying a $5000 down payment and then $700-800/mo + $200-250/mo in comprehensive insurance for the next 72 months.
It is a lot easier and less hassle to simply sign a contract and pay $950/mo, but it is far more expensive in the long-term.
Reliable cars have existed for quite some time. Some of them are older and need some of the parts replaced, but they are no less reliable.
But, If by reliable you mean ‘cars I can drive for years with only simple maintenance’ then yes, you’re right. Only new-ish cars will have that property.
However, if you have to spend $5000 to repair a $5000 used car which costs you $0/mo + $80/mo in insurance you will save far more money in the long-term than paying a $5000 down payment and then $700-800/mo + $200-250/mo in comprehensive insurance for the next 72 months.
It is a lot easier and less hassle to simply sign a contract and pay $950/mo, but it is far more expensive in the long-term.