Here's Why Buying Used Cars Can Save Thousands of Dollars a Year

 
Written by Mark Pringle |
Published on:

One year I was looking for an older model Lexus because I knew those cars would drive for 250,000 miles effortlessly. I saw a Lexus advertised in the classifieds, and I drove about 30 miles to see it. The car was beautiful and drove perfectly. It had about 120,000 miles on it, and the timing belt was recently changed. Cha-ching! The owner of the car and I then went directly to my bank and finalized the transaction inside the bank. I paid about $3600 cash for the car and drove it another 120,000 miles.

In the area we lived at the time, many wealthy people would sell their cars so that they could buy the newest and latest models. Cars to them were a status symbol. Their old cars were the ones that I would buy. I would pay cash for them because, at this point in my life, I was debt-free, had savings, and didn’t want to purchase full-coverage insurance. The money I saved was incredible...[Read More]

Copyright © TravelDailyLife.com

About Money

This book is a concise and straightforward guide to financial happiness and contentment, as well as a guide for cultivating a mindset that contributes to a happy life. The principles and life stories within will help you establish financial peace of mind, eliminate and avoid debt, and find general happiness in your life.

Link to Book

My Book

Author: Mark Pringle
I'm just a guy who is addicted to the unfamiliar and who fulfills this addiction by traveling and writing about my travels. As a lover of sports, penning opinion articles related to sports is also a pastime.
My External Website (External Website Opens in New Window)

Comments

Please Login to Comment
No comments have been posted. Be the first.



Hire a Writer