I’m often asked what is the least expensive way to drive. The answer will depend a lot on the user and your needs. Thee are some options:
- Buy a new car and maintain it well and drive it as long as you legally can. The scrap it.’
'2. Buy a good used car at least 5 years old and with preferably low miles. Drive it legally as long as it lasts
- Buy a beater at a police auction for under $1000, do the absolute minimal maintenance and drive it till it quits.
My older sister, an accountant uses option #1. Since 1955! the family has owned a 1955 Ford Customline, a 1960 Ford Falcon, a 1966 Mercury, a 1972 Ford Torino, a 1975 Pontiac venture, a late 70s Chevette, a 1986 Corolla, a 1992 Corolla and a 2001 Camry. The cars overlapped; the older one being the secondary vehicle. Neither she or her late husband were mechanically inclined, so they bought new. She still drives the Camry.
A retired engineer down the street goes to police auctions and buys beaters; he bought his daughter a Acura Integra with some scrapes on the side. That family drives cheaply but their cars are not much to look at.
I invite comments from panelists and guests. Buying and selling cars does not count; it makes you a used car dealer. They usually drive for nothing. Company cars don’t count either.