Comments on: Old Cars: Unsung Heroes of Personal Finance

By: Moving vs. Not Moving: Where I Prize Life Over Money

Moving vs. Not Moving: Where I Prize Life Over Money — Thu, 22 Apr 2010 02:15:46 +0000

[...] More Old Cars: Unsung Heroes of Personal Finance New Cars are shiny, gleaming, loaded with the latest technology and features. New cars get the big [...]

By: WellHeeled

WellHeeled — Sat, 13 Mar 2010 00:34:51 +0000

That's a fair concern… I think about that too. I don't have side airbags, but when I buy a new car those are things I'll be looking for.

By: Ryan

Ryan — Fri, 12 Mar 2010 23:13:13 +0000

The only issue I have with older cars is safety features. If you're planning to buy a brand new car and drive it until it's literally falling apart, I think it makes sense to pay extra for features.

Right now, for example, if I were in the market for a new (or used car), I would want ESC and side airbags. And if possible, blind spot notification and the cruise control thing where it automatically slows you down if you get too close to another car.

By: Show AND Tell: How to Raise Financially Responsible Kids « Finance Blog

Show AND Tell: How to Raise Financially Responsible Kids « Finance Blog — Fri, 12 Mar 2010 13:33:20 +0000

[...] bought reliable cars new, but then drove them for over a decade; they almost never went out to eat; and they refrained from buying a DVD player until a few years [...]

By: » Show AND Tell: How to Raise Financially Responsible Kids

» Show AND Tell: How to Raise Financially Responsible Kids — Fri, 12 Mar 2010 11:02:44 +0000

[...] bought reliable cars new, but then drove them for over a decade; they almost never went out to eat; and they refrained from buying a DVD player until a few years [...]

By: I Love You...Like A Blogger!

I Love You...Like A Blogger! — Sat, 27 Feb 2010 20:46:08 +0000

[...] Blog – Old Cars: Unsung Heroes of Personal Finance [...]

By: my old car - StartTags.com

my old car - StartTags.com — Sun, 24 Jan 2010 22:54:47 +0000

[...] car… VERY sadly it passed away. Was in a few mags back in its days… ( 2years ago) anyways …Old Cars: Unsung Heroes of Personal Finance | Well-Heeled …New Cars are shiny, gleaming, loaded with the latest technology and features. New cars get the big [...]

By: Sharon

Sharon — Sat, 16 Jan 2010 21:31:39 +0000

The car we drive right now is a '97 Honda Civic with over 270,000 km on it. We've had it for almost a year now, and all it's needed were repairs to the exhaust, a replacement upper radiator hose, and regular oil changes. Much better than the '97 Ford f-150 we had, which was falling apart, right at the worst time. Hopefully, this car will last us for a couple more years, I'd hate to have to find the money for a replacement.

By: Weekly Wisdom: Starting the New Year Off Right » The Online Investing AI Blog

Sun, 03 Jan 2010 10:37:33 +0000

[...] to Well Heeled Blog, the old car is the unsung hero of personal finance. What about old pickup [...]

By: A Frugal Chick » Frugal Friday (On Saturday)

A Frugal Chick » Frugal Friday (On Saturday) — Sat, 02 Jan 2010 06:28:31 +0000

[...] an old car and love that you have no payment? Check out this article singing the praises of older [...]

By: MysticNerd

MysticNerd — Fri, 01 Jan 2010 13:14:09 +0000

We bought two new cars in '86 and '87 and were thoroughly soaked by them dollar-wise. From "95 through 2008 we drove only 10-15 year old Volvos; I did as much of the maintenance as I could myself. I still have my most recent Volvo, an '89 240 wagon with 339K mi. on the clock. My current commuter is a '97 Civic with 182K. I drive 55 mi. each way to work and I enjoy having the older cars.

By: Chance

Chance — Mon, 28 Dec 2009 18:46:04 +0000

I once had a 1992 Honda Accord with over 150,000 miles on it. It drove like a dream! I absolutely loved that car! I never had any trouble with it and it was paid for! Unfortunately a jerk (a car salesman of all people) hit me and totaled it! I was livid! I could've cried! I was so upset I could barely look at the damage done. Now I have a 2006 Nissan Altima. It's a good car and I am ready to pay it off praise God!

By: Taylor

Taylor — Mon, 28 Dec 2009 17:33:42 +0000

I definitely have the coolest car on the blog comments so far! 1994 Honda Accord. 241,000 miles and going strong. Paint is starting to fade though, and that makes me sad. But my net worth? $300K +. Ha. Take that, new car owners!

By: The Last Carnival of Personal Finance of the Year!

The Last Carnival of Personal Finance of the Year! — Mon, 28 Dec 2009 14:17:51 +0000

[...] from Well-Heeled Blog presents Old Cars: Unsung Heroes of Personal Finance, and says, “Old cars lack the flash and dash of new models, but they are wonderful for your [...]

By: Drew

Drew — Thu, 24 Dec 2009 04:14:04 +0000

I've got a 92 Honda with just under a quarter million miles (242k at the moment). I'm with you; I love my car, it drives perfectly, and the best part, it gets better gas mileage than most "fuel efficient" cars these days (I average over 40mpg). Seeing as my family has been the sole owner of it, it's the perfect little machine!

By: George

George — Thu, 24 Dec 2009 00:14:18 +0000

I drive a 94 corolla with 203k on it. I bought it from the original owner at about 190k miles on it and have had it for close to 5 years now.

Since I have had it I replaced:
4 tires
Brake / Rotors / Alignment
AC switch
Battery x 2
Starter
Inside door handle (on toyotas they seem to crack after 10+ years when it is really cold)

I barely drive, so I plan to drive it to the ground, and probably rent my parking space out instead of have a car.

I also like having a car I care less about because I can throw a table (or anything else) on roof, tie it down and not worry about scratching or damaging the finish.

I recently killed my cigarette lighter when I plugged in an inverter, so I need to figure out how to fix this. No gps/ipod/charging anymore )c:
George´s last blog ..Dyson DC31 Handheld Vacuum Review

By: Matt

Matt — Thu, 24 Dec 2009 00:04:22 +0000

I have a 1995 Altima I got when I was 18. It had 126 thousand when I bought it and it's at about 210 thousand miles now. I'm hoping to top 300 thousand miles before looking for a newer Altima.

By: Meg

Meg — Wed, 23 Dec 2009 22:46:42 +0000

"What would you consider an Old Car (how many years / miles)?"

People, old cars are from the '70's and '80's at this point… Not the '90's! Or is that my denial talking?

My cars:
2001 Honda S2000, less than 100k miles, paid off, fairly modified
1997 Mazda Miata, ~126k miles, paid cash for, daily driven track monster
1990 Nissan 240SX, over 300k miles before engine & tranny pulled, owe ~$2k to build credit, still in the process of swapping the engine

And all the cars I want are old, like an BMW E30 M3, a Toyota AE86 Corolla or a Datsun 240Z. We're possibly looking into a Honda NSX, and those are anywhere from 14 to 18 or 19 years old in our price range.

I think I totally want to write about this myself now, haha. Your blog is so great for ideas.