Comments on: Save Money on Cars

By: Blogger Interview - Lazy Man and Money

Blogger Interview - Lazy Man and Money — Sun, 22 Feb 2009 14:06:36 +0000

[...] into how you can save money. For example, on the big purchase of a car, you might find these car money saving tips very helpful. On the other hand if you are buying gas all the time, you might find these gas money [...]

By: Five Questions I Ask Myself Before Making a Purchase

Five Questions I Ask Myself Before Making a Purchase — Mon, 27 Oct 2008 15:51:07 +0000

[...] for investing my long term goal of financial freedom. This is why I write about saving money on: cars, golf, restaurants, environmental purchases, vacations (Aruba or anywhere), clothing, movies, [...]

By: Going Back to School? Here Are Some Tips That Helped Me

Going Back to School? Here Are Some Tips That Helped Me — Tue, 26 Aug 2008 11:00:48 +0000

[...] Car – I was the one with the car. Many people may say that you don’t need a car in college. It depends on the college, but at many it’s very important. I defer to the PCU quote, “Will you have a car? … Someone on your hall will, find them and make friends with them on the first day …” If you are going to be the one with the car, here are some tips to save money on cars. [...]

By: Save Money

Save Money — Wed, 28 May 2008 21:34:20 +0000

[...] Save Money on Cars – If you wanted to make a single change to save a lot of money, this might be the best way to do it. [...]

By: Save Money on Movies, Music, Television, and Books

Save Money on Movies, Music, Television, and Books — Tue, 29 Jan 2008 07:47:28 +0000

[...] you enjoyed this article read how to save money on cars or subscribe to my RSS feed and read all my articles.] Featured Information work at home business [...]

By: Dozens of Money-saving Ideas!!

Dozens of Money-saving Ideas!! — Thu, 13 Sep 2007 21:10:35 +0000

[...] Save Money on Cars – when to buy, when to sell, and how to know the difference. [...]

By: Save Money on Hobbies

Save Money on Hobbies — Mon, 10 Sep 2007 13:56:30 +0000

[...] [Each Monday for the next couple months, I’m going through many of the ways to save money. Read the whole Save Money series. Last week we looked at how to save money on cars.] [...]

By: rstlne

rstlne — Fri, 07 Sep 2007 15:40:10 +0000

I’ve only had two cars so far, but I always buy new and use it until it turns to dust. Of course, I’ll admit that part about buying new is somewhat of an extravagance, but I can be frugal in other ways.

By: Jongasm

Jongasm — Fri, 07 Sep 2007 03:17:22 +0000

According to my research…

The most reliable brands are: Honda, Toyota, Lexus, Acura, Scion, Subaru, Mazda, and Buick.

The least reliable brands are: Chevrolet, Kia, VW, and older Hyundai models (newer models have gotten better).

Any brand not listed falls somewhere in the middle.

By: Lazy Man

Lazy Man — Thu, 06 Sep 2007 21:23:16 +0000

I won’t be buying a Toyota, I’ve written that before.

The Kia just popped in my head without doing any research (I hopefully have years on my current car). Honda’s are interesting, but I think they retain their resale value too well, there’s not going to be much of a deal on a used one. Hyundia’s could be an option as well.

By: Jongasm

Jongasm — Thu, 06 Sep 2007 21:14:14 +0000

Please do not buy a Kia Rio.
Please buy a Honda or Toyota instead. :)
The Kia is cheap because it is low quality. Low reliability.
I like typing in lines like this. I’m not sure why.
But yeah, read the reliability reports. Kia is hit or miss.
Good luck either way.

By: Deals

Deals — Thu, 06 Sep 2007 03:01:53 +0000

I have got to get myself a Mini Cooper. Those cars are so cool, and the resale value thing just makes the cake……gotta getta mini……..gotta getta mini……….gotta getta mini….

Guess I won’t look for much savings in a used car in this case.

By: Lazy Man

Lazy Man — Wed, 05 Sep 2007 20:56:01 +0000

I’m not overly worried about the money pit Toby. I’m not advocating getting really old cars. The resale value that I’m using is just after three years. Even low-end, “cheap” cars should last another 5 years with no significant repair. In the Kia Rio example, that’s $1000/mo. or less by year 8 – and more savings if you drive longer. If you bought a new cheap car at $13,000, you’ll need to drive 13 years to get to that $1000/mo. point.

It’s worth the cross referencing to Consumer reports as Toby mentioned. It’s worth taking many of these factors into account. It doesn’t help to pick up a used Hummer at a bargain price, if you need to drive it a ton (losing all your money in gas). I keep coming back to the used Kia Rio as it seems to be the cheapest all around average car.

By: Toby

Toby — Wed, 05 Sep 2007 20:39:44 +0000

Make sure you cross-reference cars with poor resale value with the repair records reported at Consumer reports. I would bet that the cars with poor resale value are also those with lousy reliability ratings. Your new “cheap” car may end up being a money pit.

By: Lazy Man

Lazy Man — Tue, 04 Sep 2007 14:39:29 +0000

I thought about the pay cash idea, but I’ve seen some good rates for those willing to take financing.

By: Joseph Sangl

Joseph Sangl — Tue, 04 Sep 2007 12:46:32 +0000

I would add “Pay cash for your next vehicle”. You can get a GREAT deal just by offering cash – especially in a private party sale when someone has inherited grandma’s car and wants some money right now!

By: Baz L

Baz L — Mon, 03 Sep 2007 21:43:27 +0000

I can attest to the Chase card. It’s great! I “made” about $300 the first three months. Now, although the APR is a bit high, it’s my primary card because of the 3% on gas and 1% on all other purchases.

By: Brian

Brian — Mon, 03 Sep 2007 20:02:38 +0000

I love my 06′ VW Jetta TDI (diesel). Sporty looking (not ugly like the Prius) and 40MPG. Even with 20,000 miles on it, I could sell it for what I paid for it.

By: David

David — Mon, 03 Sep 2007 17:58:10 +0000

That thing about the Mini Cooper is so true. Ours is 1.5 years old and we bought it $24,000 in 2006 and it is still worth $21,485 according to KBB.