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Good, Cheap Beater Cars & Inexpensive Commuter Cars - how to find one?
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Insurance seems to only goes down slightly until you cancel collision. I was paying 80/month when I bought my 94 Escort GT in 1996 for 8500. When I sold it last year for $1200, I was paying 55/month.
Now there was a great beater. If I didnt drive 20K+/year I might have kept it. But it would have needed about $1200 in maintenance already since I sold it-tires, timing belt, front struts, transmission service, rad flush. Plus any repairs that might have occured. It would have over 150K now. Maybe it would make it another year or two, maybe it would even turn over 200k with no problems. Maybe not. Id rather make payments than repairs, and every car Ive kept has needed a good amount of repairs after 75-90K miles, typically costing me 750-1000 a year. That is a $100/month Visa payment, so paying 150-180 for a newer car is better to me. If my Saturn gets thru that time without so many repairs, I'll be really happy and I'll probably keep it going and try for 150K.
That is probably NOT the case on the sales tax when you buy the car. It is 6.5% here in Illinois.
If you are serious about doing all the maintenance, you run into a few repairs around 80-90k and you have to plan to spend about $1500 when you get to the 100k mark.
The problem with the "payments vs. repairs" argument is that MOST people aren't making $150 car payments. They are making $300-500 payments.
EVERY month. And they still have all the maintenance costs - tires, breaks, etc. either way.
Personally, I would take a $1000-1200 in maintenance and repairs per year over $1800 in payments plus higher insurance and all the other costs.
So the stars were: 1988 VW Fox bought for $1700 sold for $1750 35k later. $600 in parts and a lot of elbow grease.
1986 Chevy Van, Carburator and all, bought for $1800 sold for $1650 18 months later. Paid a few hundred for parts, exhaust, and some $300 rust fixes. Absolutely needed a fs van at the time, so it was okay... valve stem seals leaked when I ditched it, so it was gonna need stuff.
1980 Malibu... I almost made money on that after two years... those were great.
Then there were the Audi 4000, the Nissan Pulsar, and the Plymouth Horizon... not super expensive, but troublesome.
And the worst, 92 Aeorostar. 3 years, 26k miles, and I was out $5000 for the pleasure. Bad news. I don't think my 03 Sienna will be any more expensive.
New: 97 Nissan Hardbody, 98 Chevy Prizm. Both served us well for 3-5 years, needed NOTHING out-of-pocket, and cost under 10c/mile for depreciation. Easy sale despite stick shifts, brought good money.
I miss my beaters, and I don't doubt that it'd be a little cheaper to drive those. But my time is more valuable now than when I was a student, and there is real value in having dead reliable cars. So I spent $38k on two new cars last year -- thanks to a deer accident -- and I'll get back to you on total cost when we get rid of them.
-Mathias
My star was an '80 Malibu. Father-in-law bought it for me when I flipped my Chevette on I-75 north of Jackson, MI. He bought it for $1500 with 60k. Sold it for $850 after 7 years and 60k miles. Planned to sell it for $500 when a simultaneous auction broke out on my front step in St. Louis at 9 am on a Sunday morning.
I generally don't buy a beater. My car becomes one as I generally get the cars over 100k after six years.
If you go the beater route, it helps if you have a mechanic or someone who is very familiar with the mechanicals to look the car over. Generally, about 95% of the time, they can spot defects and repaired body work.
No kidding. Mine was an '83 wagon with the 305. Bought in '95 for $725; went to town with new belts/hoses/waterpumpt/AC recharge/exh/tires. Total outlay, not much 'cuz I did it all myself.
The Mrs. and I drove that thing all over creation... then, like an idiot, I sold it in Jan '97 for $850 to buy an '87 Audi 4000. That one lastet me a couple years before it needed a lot of stuff.... this past summer, there was an ad for an Malibu wagon.. "drive or for parts"... sounded familiar... IT'S STILL ON THE ROAD seven years later!!!
So much for my automotive judgment...
-Mathias
Most people get TIRED of driving their vehicles long before the vehicles become non-functioning.
I sold it for $500 in 1990, with about 100,000 miles on it. It was still running well, but pretty banged up. Someone snagged the rear quarter panel when I was in high school, and in college I let one of my friends, who was used to a 1980 Accord, drive it. He hit a Chevette trying to park it, and its bumper creased in the door. I was able to pound it mostly out, but you could still see it. Also in college, I rear-ended an '82 Cavalier that slammed on its brakes in front of me. Nosedived under their bumper, which caught me right across the grille. I got a header panel with the grille, lights, etc from an '81 Malibu that was the same color, light blue, and it bolted right up. That hit did crease the hood and driver's side fender too, though. So the car wasn't looking too pretty by the time I got rid of it, and it needed some exhaust work.
I did see it about a year later, at a shopping plaza parking lot. By that time it had 115K miles on it. That was the last time I saw it though...I always wondered how long that car lasted.
The speedometer stopped working somewhere around the 200k mark and I probably drove it 1 1/2 years after that. The car never had any major engine or transmission work done on it.
The worst "beater" investment I have made was an 86 Buick Regal. I had to drop a rebuilt engine at 110k miles. I only got 40k more miles before a head gasket blew, then carb problems, then I moved to a state with emission testing and could never get it to pass.
You gotta set a $ limit on repairs for beater cars.
You drive a car THAT far and long ... why are they getting rid of it NOW???
It might be ok if you buy it really cheap and are prepared to walk away from it as soon as it breaks. If you start putting money into it, it could become a very expensive car.
If you have driven a car to 300k (meaning that you have taken the risk that something BIG will go all this time), WHAT is wrong NOW that you want to sell it!!!!! Methinks that something is about ready to die and the guy wants to dump it on a sucker.
I know people that dump all their cars at 100k - automatically. I know that they are getting rid of their car for a NEW car.
Car_man
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Forget online, the paper is where it's at. If you insist on the 'net, go to cars.com; they search classifieds in major papers.
But, it's a COMPUTER PROGRAM. no good. one typo and you don't see the car... the Chevy Prizm you'll see, but the "Prism" next to it you might not.
For an article on how to buy a good cheap car, see my profile.
-Mathias
distance you are from seller/dealer
price range
year, make, model, of course
even color, number of doors, transmission type
Of course, the more specific you get with the last part, the less likely the site is to show you many cars.
1990 Mazda 626 LX hatchback 5-speed manual (hard to find combination)
tan exterior and cloth interior
power sunroof but no alloys
115k miles
Body and interior look great in photos, haven't seen or driven the car yet. Not sure if everything (notably stereo, roof and a/c) are working. Obviously for a new dealer, this is going to be a 'wholesale' type unit, given the age and relative obscurity. Wondering what a good price on something like this would be?
IIRC< the alloys were standard, or came as part of th epackage to get the roof. But, I might be fuzzy, or the 90s may have been different (no changes to the car though).
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Recently, I've seen a decent looking '97 SL1 manual with 122k for $1500, a presentable '93 SC2 automatic with 167k for $1000 and a nice looking '97 SC2 manual with 91k for $2500. Hard to ignore those prices. Again, I don't care about prestige, aesthetics, performance or creature comforts much, I just want a cheap car to get to work and the store (3 miles) and occasionally out to visit relatives, without a payment. Anyone know anything about repair prices versus other domestics or imports?
Reliability is decent. Take a flashlight and peek in to oil filler opening... if it looks clean there and the car is fine otherwise, go for it.
And don't forget, until you start walking, you don't know what they'll take....
-Mathias
Something else that is relatively new and cheap: Ford Ranger 2WD pickups.. My uncle bought a '99 Ranger in January of '03 for $5700. Automatic, air and V-6. Not much else, but only 41K miles.
If it had been a manual shift, you could probably have knocked $2K off the price.
regards,
kyfdx
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I'd almost rather have an Escort at half the price!
I see your point about manual transmissions. I like to drive them, they cost less to buy and maintain, and at least half my friends can't even drive one. Perfect.
I think that I would also pass on the Cavalier, though.
So far the car has been good for her. Got her back to Wilmington, NC and now back to GA and is on it's way back to NC.
When I got recalled in Jan 02 I bought a 1991 Acura Integra from ebay for 3,500$. It had 89K on it and was really nice. no paint work, or ripped interior. air blew cold and everything worked. Soon after I got it home I put in motor mounts, and changed the timing belt. total cost for this was 300$. In the 3+ years I have owned it I put on tires and brakes plus an oil pan gasket.
So for a 2,000$ car it has been great, we still drive it daily, in fact. 25 city and 31 Hwy. it does use a quart of oil every 1000 miles though.
I'd recommend one of these for a cheap dependable car that will get on the freeway without drama. they can be had on ebay and autotrader for around 1500-2000 dollars.
At the $2,000 price point, I'd look for the following:
Mazda Protege
Ford Escort
Early-mid '90s Ford Taurus
Mid-90s Chevy Lumina
Volvo 240
Early 90's Toyota pickup
Your profile says you're in Buffalo...I've got family there, and I know what those roads (and salt) can do to a car. At $2k, finding a rust-free anything will be a challenge. Also, don't expect the car to be maintenance-free...the best thing to do would be to have it checked out by a mechanic prior to purchase. Also, do not, repeat, do not buy a car with a "salvage" title. Even though it looks like a better deal (more car for less money,) these cars are problems waiting to happen...usually, they've been totalled in an accident or flood, and someone has "fixed" them (I use the term loosely.)
I'd also recommend, if you don't know how to already, learning to drive a manual transmission...at this price point, going with a stick will save you some money.
I'd recommend a Camry or Accord for reliability, but good examples of these cars would be hard to come by for $2,200 or less.
Good luck, and let us know how it turns out.
A musician friend of mine carts his Moog around in an ex-State police CV.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
By the way, :confuse: what is the difference between LS and SE?
http://www.autoblog.com/2006/04/15/gm-to-handle-intake-manifold-gasket-problem-o- n-a-case-by-case-ba/