How To Buy “Throw Away” Cars

For the better part of four years, my family has been a two-car family, but have been saving money for a unlike machine. We have got done this by having 1 overnice, reliable menage unit car too i older “throw away” auto. In fact, inward these 4 years, I have got had 3 such cars.

One lasted a little over a year, but I only paid $800 for it, so we feel like we got that out of it. I lost the second car in an accident. That one cost $1,150, but I got over $1,700 from it in insurance payouts (have got to dearest that)! The i I possess got had instantly for most two years cost $1,750.

Yes, sometimes people gear upward fun of my cars. I am currently driving a 1998 Grand Prix, together with it is easily (inwards summation to I hateful easily) the nicest of the three older cars I accept away handgrip had during this 4th dimension (the other ii were a Taurus Wagon also equally a Delta 88 amongst a vinal travel yesteryear). It has over 175,000 miles on it, but runs real well.

Each of these three cars have been bought with cash, and buying inexpensive cars has helped us remainder out of debt together with train upward money for purchasing a nicer household motorcar when that fourth dimension comes. We have got got considered each of these “throw away” cars, because my conception was together with is to drive them until they cannot live driven anymore, hence to only sell them for parts or chip. The $800 motorcar brought closed $300 inwards parts, so we only lost a few hundreds dollars in over a solar twelvemonth.

The instant automobile actually made money, due to the insurance payout, but had held its value well anyway. The car I am driving now would probably still bring over $1,000, and I have driven it for nearly two years. When you purchase used cars this inexpensively, inward that location isn’t much less to depreciate!

Some people do not wishing to drive older cars (specially when they are non nice looking), but I am content to do hence, specially reason nosotros are working thus hard on edifice a fiscal foundation. If yous wishing to await for a “throw away” automobile, hither are some things to keep inwards brain.

How to buy "throw away" cars that look nothing like this beautiful convertible ;) /buy-throw-away-cars/

1. Be patient.

Trust me, y'all are not the exclusively person looking for this type of auto. It is slowly to overpay but to alive the kickoff someone “inward” on a handle. When I bought the Grand Prix, I shopped for most a month together with nosotros lived with i automobile for all that quaternary dimension. That patience, though, led to a adept automobile at a decent damage, together with we could non live more happy.

2. Don’t store for bells also every bit whistles.

I comport concur driven inward Nashville, Tennessee, for a duo of summers right away amongst no air-conditioning. Another automobile had a heater that didn’t piece of piece of work. If y'all are willing to locomote without a thumping stereo or keyless entry, you lot flame purchase a much less expensive auto that is still reliable.

3. Listen carefully during a exam drive.

Turn off the radio (if the automobile has i) inward improver to really hear. Those “piddling” knocks mightiness non alive so piddling. You desire a auto that is reliable. Miles thing, but non every scrap much every fleck you lot might retrieve. My automobile has only been inward the shop i 4th dimension inward 2 years, in add-on to it has nearly 180,000 miles on it. When I assay drove it, I noticed that famous “purring similar a kitten,” together with I knew this automobile would be okay.

4. Remember you lot are saving coin inwards the long run.

If you buy a automobile for $1,200 also every bit it exclusively lasts ane twelvemonth, yous concord lone paid $100 per month for the machine (in addition to you lot tin even out hence sell it for chip or parts, hence it is truly less than that)! That is far less expensive than nearly whatever auto payment, and the automobile you lot are driving has lost nearly all the value it tin give the sack lose.

My $1,700 motorcar has lasted most ii years. That’s nether $75 per month (minus what I could sell it for). I’ll select that over a $300 machine payment on a depreciating holding anytime.

v. Don’t focus on looks.

Unless you absolutely are forced to possess a nicer looking auto for your undertaking, swallow your pride together with purchase a machine that may non wait thence nice. When I am going to preach at a funeral, I guide our overnice motorcar. When I am visiting someone inwards a infirmary, or exactly driving to my role, I really do non tending what my auto looks like on the exterior. People volition pay a picayune premium but for looks, when that does non element into a motorcar’s performance at all.

6. Shop everywhere.

I guide grip had keen luck on Craigslist, but y'all flaming await inwards the classifieds, estate sales, yard sales, or simply by request around. The to a greater extent places you lot hold back, the more than probable you lot are to get a care.

What tips would you give for buying “throw away” cars that aren’t so “throw away?” Meet us inward the comments likewise as allow us know!