Publish Date:
Tuesday, January 24, 2012
Is it time for a new car?
You bought this car used when you were 20 years old, after you'd finally saved up enough money from your job at the local deli. It was old then, and it's even older now! The bumper is falling off, the engine barely runs, the gas mileage is atrocious and one of the windows doesn't even roll down anymore. It's a lemon, through and through, but you just don't have enough money to afford a new one right now. What to do?
Although a new car may seem like a massive investment, it's important to realize that the car you drive now isn't exactly free. On an old machine, repairs can really start to add up. If you're sinking more than a few hundred bucks a year into fixing up your vehicle, you could easily have spent that money on payments for a new one instead! Plus, if your gas mileage is getting worse and worse, you're hemorrhaging cash that way too. If your vehicle is unsafe, you're even risking massive medical bills and insurance payments should you wind up in an accident.
A new car is pricey, but it doesn't have to break the bank. For the best value, buy a used car that's a only a couple of years old. The car depreciates the most right after you drive it off the lot, so let someone else take that initial hit and pick up a much cheaper vehicle with only a few thousand miles on it just a year or two later. Find a dealer that will let you pay in installments for added financial stability.
For more advice, contact a psychic. Our gifted psychics can peer into the future and see if now's the time to invest in a new vehicle, or if your old one's still got legs - er, wheels.