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Discuss the economics of continually buying worn out, old beater cars in the alt.autos.gm forum at Car Dealer Forums; My neighbor keeps buying these old, worn out beaters. He's been through about 5 or ...
  1. #1
    grappletech
    Guest

    Default the economics of continually buying worn out, old beater cars

    My neighbor keeps buying these old, worn out beaters. He's been through
    about 5 or 6 in the past 2 years. They're always FWD GM cars, usually
    with the 3100, 3300, or 3400 V6 engines. They always have like at least
    120K or up to 170K miles, are at least 10 years old, and they always
    cost around $1500-$2000 (he doesn't negogiate well). The pattern is
    always the same. After he buys it, a month or so goes by, and then
    something major happens to it (because of its age and because he's hard
    on cars). And it costs $500 to fix it. Then another few months goes
    by, and then something else major happens to his car, another $500 --
    maybe more or less. Then the car invariably blows up totally and becomes
    a 3000 pound paperweight. Then other expenses occur -- several towing
    bills at about $100 a pop per year (he doesn't believe in AAA), missing
    work a few days per year, gas to drive his huge gas guzzling old GMC
    truck for a week or so before buying another car or fixing the present
    one. It costs him $150/week in gas to commute with his old GMC truck
    (he works far away). Plus, he's stressed and has almost gotten into
    some accidents over mechanical problems -- slipping trannies, bad
    brakes, etc.. So I figure he's out about $6000-$8000/annually on these
    clunkers and their repair, about $600 per month, averaged out. I
    suggested that he go down and finance himself a nice new car or nearly
    new car for $200/month. His credit is good. "I can't afford it", he
    said!!!!!!!! Then you try to tell him, he's already out more than that
    per month on the clunkers, but his eyes glaze over. Then I say no more,
    not wanting to pry into his personal matters too much more than I have
    already done so.

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    › See More: the economics of continually buying worn out, old beater cars

  2. #2
    Jonny
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    "grappletech" <noone@removenowhere.biz> wrote in message
    news:1154148118_8991@sp6iad.superfeed.net...
    > My neighbor keeps buying these old, worn out beaters. He's been through
    > about 5 or 6 in the past 2 years. They're always FWD GM cars, usually
    > with the 3100, 3300, or 3400 V6 engines. They always have like at least
    > 120K or up to 170K miles, are at least 10 years old, and they always
    > cost around $1500-$2000 (he doesn't negogiate well). The pattern is
    > always the same. After he buys it, a month or so goes by, and then
    > something major happens to it (because of its age and because he's hard
    > on cars). And it costs $500 to fix it. Then another few months goes
    > by, and then something else major happens to his car, another $500 --
    > maybe more or less. Then the car invariably blows up totally and becomes
    > a 3000 pound paperweight. Then other expenses occur -- several towing
    > bills at about $100 a pop per year (he doesn't believe in AAA), missing
    > work a few days per year, gas to drive his huge gas guzzling old GMC
    > truck for a week or so before buying another car or fixing the present
    > one. It costs him $150/week in gas to commute with his old GMC truck
    > (he works far away). Plus, he's stressed and has almost gotten into
    > some accidents over mechanical problems -- slipping trannies, bad
    > brakes, etc.. So I figure he's out about $6000-$8000/annually on these
    > clunkers and their repair, about $600 per month, averaged out. I
    > suggested that he go down and finance himself a nice new car or nearly
    > new car for $200/month. His credit is good. "I can't afford it", he
    > said!!!!!!!! Then you try to tell him, he's already out more than that
    > per month on the clunkers, but his eyes glaze over. Then I say no more,
    > not wanting to pry into his personal matters too much more than I have
    > already done so.
    >
    > ----== Posted via Newsfeeds.Com - Unlimited-Unrestricted-Secure Usenet
    > News==----
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    > Newsgroups
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    > =----


    Different side of the coin. If you can find a 100K-150K mileage vehicle
    that gets good gas mileage, small (definitely not a truck) that's had
    regular maintenance through its life, it can be more economical in fuel
    costs/maintenance/repairs/collision and comprehensive and liability
    insurance combined costs vice a current vehicle. These are not usually
    domestic vehicles, and repair costs do hurt alot because of parts costs.
    Overall, its less expensive. Sometimes, very much so. It is a bigger
    gamble in any respect with a used vehicle. Takes some shopping and
    mechanical knowledge to get a good one, and some luck not knowing how the
    vehicle was driven in the past.
    --
    Jonny



  3. #3
    mike53818
    Guest

    Default Re: Re: the economics of continually buying worn out, old beater car

    I have had relatively good luck buying late model high mileage cars, my
    latest being a 00 Grand Voyager with 177k. I have found that a car does
    not get that kind of mileage without being maintained regularly. Befor
    that was a 98 Lumina that had 267k when I got it, and 315k when I sold it
    (it's still being driven)


  4. #4
    grappletech
    Guest

    Default Re: Re: the economics of continually buying worn out, old beater car

    "mike53818" <madmike1066@keepguessing.com> wrote in
    news:f9e9ab486acffa6a099b729dfb0f63f3@localhost.ta lkaboutautos.com:

    > I have had relatively good luck buying late model high mileage cars, my
    > latest being a 00 Grand Voyager with 177k. I have found that a car does
    > not get that kind of mileage without being maintained regularly. Befor
    > that was a 98 Lumina that had 267k when I got it, and 315k when I sold it
    > (it's still being driven)
    >
    >



    Plus racking up that many miles so quickly means most of the miles were
    highway miles, which are very easy on a car, relative to city miles. Plus,
    it's also a function of how the previous owner maintained and operated the
    car. I know people who can put a car in the junkyard in 60K miles, and
    others who can drive it to 300K.

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  5. #5
    The Ghost of General Lee
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    On Fri, 28 Jul 2006 23:41:58 -0500, grappletech
    <noone@removenowhere.biz> wrote:

    >My neighbor keeps buying these old, worn out beaters. He's been through
    >about 5 or 6 in the past 2 years. They're always FWD GM cars, usually
    >with the 3100, 3300, or 3400 V6 engines. They always have like at least
    >120K or up to 170K miles, are at least 10 years old, and they always
    >cost around $1500-$2000 (he doesn't negogiate well). The pattern is
    >always the same. After he buys it, a month or so goes by, and then
    >something major happens to it (because of its age and because he's hard
    >on cars). And it costs $500 to fix it. Then another few months goes
    >by, and then something else major happens to his car, another $500 --
    >maybe more or less. Then the car invariably blows up totally and becomes
    >a 3000 pound paperweight. Then other expenses occur -- several towing
    >bills at about $100 a pop per year (he doesn't believe in AAA), missing
    >work a few days per year, gas to drive his huge gas guzzling old GMC
    >truck for a week or so before buying another car or fixing the present
    >one. It costs him $150/week in gas to commute with his old GMC truck
    >(he works far away). Plus, he's stressed and has almost gotten into
    >some accidents over mechanical problems -- slipping trannies, bad
    >brakes, etc.. So I figure he's out about $6000-$8000/annually on these
    >clunkers and their repair, about $600 per month, averaged out. I
    >suggested that he go down and finance himself a nice new car or nearly
    >new car for $200/month. His credit is good. "I can't afford it", he
    >said!!!!!!!! Then you try to tell him, he's already out more than that
    >per month on the clunkers, but his eyes glaze over. Then I say no more,
    >not wanting to pry into his personal matters too much more than I have
    >already done so.
    >


    I think your last sentence sums up my opinion. If he can't learn a
    lesson the hard way, what makes you think he'll take advice?


  6. #6
    NickySantoro
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    On Fri, 28 Jul 2006 23:41:58 -0500, grappletech
    <noone@removenowhere.biz> wrote:

    >My neighbor keeps buying these old, worn out beaters. He's been through
    >about 5 or 6 in the past 2 years. They're always FWD GM cars, usually
    >with the 3100, 3300, or 3400 V6 engines. They always have like at least
    >120K or up to 170K miles, are at least 10 years old, and they always
    >cost around $1500-$2000 (he doesn't negogiate well). The pattern is
    >always the same. After he buys it, a month or so goes by, and then
    >something major happens to it (because of its age and because he's hard
    >on cars). And it costs $500 to fix it. Then another few months goes
    >by, and then something else major happens to his car, another $500 --
    >maybe more or less. Then the car invariably blows up totally and becomes
    >a 3000 pound paperweight. Then other expenses occur -- several towing
    >bills at about $100 a pop per year (he doesn't believe in AAA), missing
    >work a few days per year, gas to drive his huge gas guzzling old GMC
    >truck for a week or so before buying another car or fixing the present
    >one. It costs him $150/week in gas to commute with his old GMC truck
    >(he works far away). Plus, he's stressed and has almost gotten into
    >some accidents over mechanical problems -- slipping trannies, bad
    >brakes, etc.. So I figure he's out about $6000-$8000/annually on these
    >clunkers and their repair, about $600 per month, averaged out. I
    >suggested that he go down and finance himself a nice new car or nearly
    >new car for $200/month. His credit is good. "I can't afford it", he
    >said!!!!!!!! Then you try to tell him, he's already out more than that
    >per month on the clunkers, but his eyes glaze over. Then I say no more,
    >not wanting to pry into his personal matters too much more than I have
    >already done so.



    Never argue with an idiot. He'll defeat you every time by sheer weight
    of experience.

  7. #7
    Mike Hunter
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    Gee I buy a new vehicles every two years for $6,000 or less. My 2007 only
    cost me $3,500



    mike hunt


    "NickySantoro" <NickySantoro@optonline.net> wrote in message
    news:vclpc29cneodjita0oerdn8ie3fv8gufkb@4ax.com...
    > On Fri, 28 Jul 2006 23:41:58 -0500, grappletech
    > <noone@removenowhere.biz> wrote:
    >
    >>My neighbor keeps buying these old, worn out beaters. He's been through
    >>about 5 or 6 in the past 2 years.


    >> I figure he's out about $6000-$8000/annually on these
    >>clunkers and their repair, about $600 per month, averaged out. I
    >>suggested that he go down and finance himself a nice new car or nearly
    >>new car for $200/month. His credit is good. "I can't afford it", he
    >>said!!!!!!!! Then you try to tell him, he's already out more than that
    >>per month on the clunkers, but his eyes glaze over. Then I say no more,
    >>not wanting to pry into his personal matters too much more than I have
    >>already done so.

    >
    >
    > Never argue with an idiot. He'll defeat you every time by sheer weight
    > of experience.




  8. #8
    Scott Buchanan
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    Perhaps he likes working on the cars . It beats hanging out in bars. Cheaper
    too.


    "Jonny" <spamyourself@blackworm.net> wrote in message
    news:x7Lyg.6918$157.4822@newsread3.news.pas.earthl ink.net...
    > "grappletech" <noone@removenowhere.biz> wrote in message
    > news:1154148118_8991@sp6iad.superfeed.net...
    > > My neighbor keeps buying these old, worn out beaters. He's been through
    > > about 5 or 6 in the past 2 years. They're always FWD GM cars, usually
    > > with the 3100, 3300, or 3400 V6 engines. They always have like at least
    > > 120K or up to 170K miles, are at least 10 years old, and they always
    > > cost around $1500-$2000 (he doesn't negogiate well). The pattern is
    > > always the same. After he buys it, a month or so goes by, and then
    > > something major happens to it (because of its age and because he's hard
    > > on cars). And it costs $500 to fix it. Then another few months goes
    > > by, and then something else major happens to his car, another $500 --
    > > maybe more or less. Then the car invariably blows up totally and becomes
    > > a 3000 pound paperweight. Then other expenses occur -- several towing
    > > bills at about $100 a pop per year (he doesn't believe in AAA), missing
    > > work a few days per year, gas to drive his huge gas guzzling old GMC
    > > truck for a week or so before buying another car or fixing the present
    > > one. It costs him $150/week in gas to commute with his old GMC truck
    > > (he works far away). Plus, he's stressed and has almost gotten into
    > > some accidents over mechanical problems -- slipping trannies, bad
    > > brakes, etc.. So I figure he's out about $6000-$8000/annually on these
    > > clunkers and their repair, about $600 per month, averaged out. I
    > > suggested that he go down and finance himself a nice new car or nearly
    > > new car for $200/month. His credit is good. "I can't afford it", he
    > > said!!!!!!!! Then you try to tell him, he's already out more than that
    > > per month on the clunkers, but his eyes glaze over. Then I say no more,
    > > not wanting to pry into his personal matters too much more than I have
    > > already done so.
    > >
    > > ----== Posted via Newsfeeds.Com - Unlimited-Unrestricted-Secure Usenet
    > > News==----
    > > http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+
    > > Newsgroups
    > > ----= East and West-Coast Server Farms - Total Privacy via Encryption
    > > =----

    >
    > Different side of the coin. If you can find a 100K-150K mileage vehicle
    > that gets good gas mileage, small (definitely not a truck) that's had
    > regular maintenance through its life, it can be more economical in fuel
    > costs/maintenance/repairs/collision and comprehensive and liability
    > insurance combined costs vice a current vehicle. These are not usually
    > domestic vehicles, and repair costs do hurt alot because of parts costs.
    > Overall, its less expensive. Sometimes, very much so. It is a bigger
    > gamble in any respect with a used vehicle. Takes some shopping and
    > mechanical knowledge to get a good one, and some luck not knowing how the
    > vehicle was driven in the past.
    > --
    > Jonny
    >
    >




  9. #9
    Scott Buchanan
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    How does that work?

    "Mike Hunter" <mikehunt2@mailcity.com> wrote in message
    news:7pScnSbur5xwvFDZUSdV9g@ptd.net...
    > Gee I buy a new vehicles every two years for $6,000 or less. My 2007 only
    > cost me $3,500
    >
    >
    >
    > mike hunt
    >
    >
    > "NickySantoro" <NickySantoro@optonline.net> wrote in message
    > news:vclpc29cneodjita0oerdn8ie3fv8gufkb@4ax.com...
    > > On Fri, 28 Jul 2006 23:41:58 -0500, grappletech
    > > <noone@removenowhere.biz> wrote:
    > >
    > >>My neighbor keeps buying these old, worn out beaters. He's been through
    > >>about 5 or 6 in the past 2 years.

    >
    > >> I figure he's out about $6000-$8000/annually on these
    > >>clunkers and their repair, about $600 per month, averaged out. I
    > >>suggested that he go down and finance himself a nice new car or nearly
    > >>new car for $200/month. His credit is good. "I can't afford it", he
    > >>said!!!!!!!! Then you try to tell him, he's already out more than that
    > >>per month on the clunkers, but his eyes glaze over. Then I say no more,
    > >>not wanting to pry into his personal matters too much more than I have
    > >>already done so.

    > >
    > >
    > > Never argue with an idiot. He'll defeat you every time by sheer weight
    > > of experience.

    >
    >




  10. #10
    grappletech
    Guest

    Default Re: the economics of continually buying worn out, old beater cars

    "Scott Buchanan" <t120rv@pacifier.com> wrote in
    news:12d4akl40g97274@corp.supernews.com:

    > Perhaps he likes working on the cars . It beats hanging out in bars.
    > Cheaper too.
    >


    Maybe on a 1970's car with a straight 6, before cars had ecm's, fuel
    injection, 30 sensors, etc.. But on the newer cars, unless you have
    scanning equipment, you could simply be swapping out parts until you find
    the cause, which is expensive. Nah, he doesn't like working on cars,
    anyway. He's out there cursing, and 9 times out of 10, he can't even fix
    it. People who like working on cars usually work on a classic or old car,
    not their daily driver cars and only work on their daily driver cars when
    they need repair.


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