Re: Beater economics

From: Barry Oliver (barrysuperhawk@insightbb.com)
Date: Fri Apr 06 2007 - 18:10:18 EDT


Jason Bleazard wrote:
>
> Well, I see gas prices are already up to $3.85 a gallon in Ontario.
> Looks like they're getting an early start on the summer price gouging
> spree.
>
> I've been debating the merits of trading my '95 Dakota for a smaller
> car. Unfortunately, my budget will only allow for a $1500-2000 beater
> (Canadian, so figure about $1300-1750 US). It's going to be at least
> two years before I'd be able to come up with more than that, probably
> more like four. I've already established I can't afford the insurance
> on three vehicles, so this would have to replace the Dakota.
>
> On the one hand, I've been spending about $270 a month just on fuel for
> the truck, which is just going to increase over the summer. My current
> financial situation is not good, and I'm not sure how I'm going to keep
> this up. I figure a small car could easily save me at least $100 a month.
> On the other hand, there's the guarantee that any $1500 car is going to
> need work, if not now then soon, and who knows what's been done to it
> over the years. Particularly here in the rust belt. My Dakota has its
> share of issues that I'd like to fix, but at least I know its history
> and I'm reasonably familiar with the design by now. Plus, Ontario is
> pretty strict about the inspections they make a car pass before it can
> be registered. No periodic inspections to make sure things don't
> deteriorate over time, until the new owner goes to register it and gets
> the unpleasant surprise.
>
> I know asking for opinions can be trouble :-), but I'd like to hear them
> anyway. What do you think? Just keep coughing up money to feed my
> Dakota until it falls apart, or downsize to someone else's lemon junk?
>
> Thanks.
>

Keep feeding the Dak... Until you can afford nicer junk... then look
for a v6 dak...



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