this post was submitted on 27 Oct 2025
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I own a cheapass car. Let me tell you the amount of time I spend worrying about monthly payments on it...0. I own the thing fully.
A 2008 and a 2012 in our house and two because we live in nowhere on a farm. The 2008 stays parked mostly and only hauls. Zero payments.
there's a lot of dumb rich people out there that never seem to grasp debt is a trap. and it's only when you know it's a trap that it becomes a tool
Its considerably cheaper, if its reliable, cheap to repair when it breaks most likely because you can fix it yourself, doesn't cost a small fortune to refuel it and/or your weekly mileage is low.
Unreliable shit boxes that you do not have the time and/or skills to fix yourself, and drink fuel when doing a high mileage lifestyle, its a much more marginal conversation when compared to a (cheaper than these two shitty tesla) brand new car with a warranty and full maintenance included in the lease.
US always seems hellbent on shitty 7 year loans with huge APR to fully outright buy a brand new expensive truck when the owner does at least 20k miles a year. It really is an awful way to get access to a car, a lease would be considerably better for someone who wants to regularly change to a new car and will pay a premium to do so over buying and running an old car.
I got a Prius. It does its job and never fails. Just keep changing the oil every 3000 miles. The designers were or are geniuses.
Lol, complex hybrid for long lasting cheap to maintain car. I think most of the Prius model years are great, a few are pretty bad, not Ford Pinto bad, just not good. A hybrid wouldn't be my first choice to do mega miles in though, not unless I was sure I could manage the work on the electrical systems myself.
I can manage the electrical work. The car is like 14 years old now and no problem but it is on its second battery which is actually very easy to change. I bought it with the 2nd battery installed so I've haven't had issues with it. Thr heater works and the AC works and it goes places for very cheap. I calculate that I can just buy another one instead of fixing the thing if it ever goes horribly bad. So far nothing. Break pads for example, I keep monitoring but they don't ware out because the breaking is done by the generator recharging the battery. You can find lemons of every kind though.
Yeah its gets a lot easier when you chase through an electrical issue yourself, but its not for everybody. My first few cars I did that, breaking old ones to provide spares/upgrades but I do not have room where I am now and I certainly do not have the time I did to manage it. Have you looked at the lithium battery upgrade?