A penny saved…

Getting down, dirty and playful with frugality!

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May 09 2008

Driving Away From More Debt

Published by lucybarnett at 8:57 pm under Uncategorized Edit This

I’ve been driving the same car for 11 years and 300,000 km now.  And even though I’ve been advised to sell by friends and family alike, I keep asking why.Whether you keep an older car or sell for something newer, I think that your frugal principles have to dovetail with your automotive priorities.  If having a vehicle that is new and flashy is crucial, my current car wouldn’t fit the bill.  Reliability is my number one concern so while my car has a few kilometers on it, it is still very dependable.   And even though every few years I do have some larger repairs, I have complete trust that every time I turn the key, my car will take me from A to B.  And it has.I still feel that new car lust for something shiny and different.  That I’ve spent over 10 years with one car is surprising enough for a commitment-phobe like me.  And there are new models with new features that make my car look a little more rusty and dirty – and old.When I measure the cost of a new car, not only in terms of purchase price but interest, an increase in insurance, and the extra hours I’d have to work to make it a reality, my desire evapourates.  They still are pretty but I want other things more.

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