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  #1  
Old 01-11-2007, 09:47 AM
G-Benz's Avatar
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Quote:
Originally Posted by RobTheMod View Post
... my GF and I both have our degrees, don't plan to have any kids, have 4 cars (three paid for) and don't see how we'll ever afford a house in a neighborhood we'd walk into...
Not to hijack this thread, but here goes:

Sounds like us...4 cars, three paid for, wife and I both have degrees and highly technical positions in the same company...except we have one (really busy) adolescent and a decent home (actually too big for a family of three).

Not sure where you two are age-wise, but the house thing is doable, and will come in time. Our current home is pretty much the "dream" home, and we've custom decorated it for our tastes, but it took years before we got there.

Our first home was a tiny tudor, that while charming, really, really, needed tons of work to make it look decent. We were recently married, and shortly thereafter, had a bouncing baby girl. Little money between us, so we borrowed to the gills to renovate the old house. By the time we sold it, we had three mortgages on it! Even managed to make a small profit on the sale too.

You'll get a house soon enough...there are a lot of financial vehicles out there these days to help you get there...many didn't exist when we acquired our first home.

Thread hijack over.

W124s are at or below $3K these days. I would venture that the Toyotas and Hondas would be a bit more reliable, but consider that they aren't all that robust when they get on in years! And despite the high-dollar illusion the MB commands, I find other import car parts to be just as pricey as the MB ones...
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  #2  
Old 01-11-2007, 10:12 AM
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92 or earlier W124 for under $3000 is stout and easily repaired either by you or a qualified Indy, which keeps maintenance costs down. For longevity it's a tough car to beat.
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  #3  
Old 01-11-2007, 10:18 AM
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Posts: 754
Subaru mid 90's if you want AWD but I would not
get a outback. The 2.5L engine has weak head
gasket. I think the 2.2L is a better engine and comes
in the legacy L and impreza.

If you don't need AWD get a Toyota.
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  #4  
Old 01-11-2007, 12:21 PM
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Any Mazda Protege is a great car, and there are very affordable in the used car market relative to Civics and Corolla's.
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  #5  
Old 01-11-2007, 01:27 PM
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For that matter, due to lackluster styling and poor advertising, Ford Escorts are very affordable. Same thing as the Mazda Protege. I had a 94 Escort before my 300E and I loved it. Bulletproof, and along with the GEO Prizm is a Consumer Reports best buy. Very reliable and inexpensive to maintain.

The Prizm is a Corolla in the same way that the Escort is a Protege. Don't overlook either of these cars.
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  #6  
Old 01-11-2007, 07:41 PM
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Quote:
Originally Posted by G-Benz View Post
You'll get a house soon enough...there are a lot of financial vehicles out there these days to help you get there...many didn't exist when we acquired our first home.
Hmm... it's not that I can't affrord a mortgage on a house, but, I've actually been holding out the last 3 years or so, because I felt that prices were too high and I gambled on holding out for the "housing bubble" to burst so I could get a better deal. Well, it's finally bursting, and my friends are not laughing at me anymore. Nevertheless, I'm really tired of Boston and I hope to move out of here in another couple of years, so I probably will not buy. My reasoning for a cheaper car is to put away as much money as possible, as I think that living paycheck to paycheck is a great disease we are facing in this country. Don't mean to sound so serious, but I can't see myself not being prepared for a rainy day... or year... or whatever. I'll drive crap if it guarantees diapers on my baby's a$$.
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  #7  
Old 01-11-2007, 10:33 PM
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I have made a game of buying usable cars for less than $1000...92 Roadmaster, $875, just passed on a 93 Bonneville $400, runs just fine but didn't have any need for it, 90 Saab 900s $400 but needed battery cables and an alternator. If one is creative it can be interesting what little money it takes to buy a decent car.
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  #8  
Old 01-12-2007, 12:30 AM
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Quote:
Originally Posted by davestlouis View Post
I have made a game of buying usable cars for less than $1000...92 Roadmaster, $875, just passed on a 93 Bonneville $400, runs just fine but didn't have any need for it, 90 Saab 900s $400 but needed battery cables and an alternator. If one is creative it can be interesting what little money it takes to buy a decent car.
I like that game...

I passed up a $50 84 buick cutlass... Runs and drives fine, but... so rigged... so dirty... so, broken...

but it runs and drives NICE...

New brakes in frount too............. Decent tires...........

Shoulda bought the little bastard for a spare car...

I bought my toronado for $800, I've got MABEY $1500 into it total
~Nate
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