MJD, to be honest, I'm only recently putting money away en mass, due primarily to the economy and all the "financial unrest."
On the other hand, in the past five to ten years, I've grown awfully fond of not having a car payment! Yes, I could go in debt on a new or newer car, but then I realize I'd be wasting it on depreciation and something I really don't need.
I did see a nice looking '04 Kia Rio on CL the other day. It was around $3200 and seemed like a good deal. However, buying it would deplete my savings too much.
I'll probably wait until the spring to look for an '01 or '02 Rio with a bad engine. Then I'll put in the larger 1.6, or even a B8 or BP, if possible. It'd make a nice tow car.
Karl
On the other hand, in the past five to ten years, I've grown awfully fond of not having a car payment! Yes, I could go in debt on a new or newer car, but then I realize I'd be wasting it on depreciation and something I really don't need.
I did see a nice looking '04 Kia Rio on CL the other day. It was around $3200 and seemed like a good deal. However, buying it would deplete my savings too much.
I'll probably wait until the spring to look for an '01 or '02 Rio with a bad engine. Then I'll put in the larger 1.6, or even a B8 or BP, if possible. It'd make a nice tow car.
Karl
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