Comments on: Free Cars for Life http://philiprobert.com/2009/05/12/free-cars-for-life/ Life, Liberty, and the Pursuit of Happiness! Sun, 11 Jul 2010 05:11:45 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Philip http://philiprobert.com/2009/05/12/free-cars-for-life/comment-page-1/#comment-1597 Philip Thu, 21 May 2009 03:20:09 +0000 http://philiprobert.com/?p=431#comment-1597 There is a lot to be said for someone who drives a 16 year old car. One of my buddies has a Jeep CJ that he bought used in 1978 that is still his daily ride. What I like about this is that it shows you how to get to a point where you can always have a decent trouble free car that's paid for without having any kind of car payment come out of your budget. Build up the car replacement fund. I could also see value in continuing to pay say $50-60 dollars a month into the fund to build up for an even better car. Sort of a hedge against inflation and recessions. There is a lot to be said for someone who drives a 16 year old car. One of my buddies has a Jeep CJ that he bought used in 1978 that is still his daily ride. What I like about this is that it shows you how to get to a point where you can always have a decent trouble free car that’s paid for without having any kind of car payment come out of your budget. Build up the car replacement fund. I could also see value in continuing to pay say $50-60 dollars a month into the fund to build up for an even better car. Sort of a hedge against inflation and recessions.

]]> By: Cousin Matt http://philiprobert.com/2009/05/12/free-cars-for-life/comment-page-1/#comment-1593 Cousin Matt Thu, 21 May 2009 02:59:44 +0000 http://philiprobert.com/?p=431#comment-1593 This should be taught in every high school. It's capitalism 101. The big problem is the mental cost and effort of finding a good used car. Whenever you are thinking of replacing your old car, think: what is the alternative? $464 per month actually pays for a lot of repairs, or just plain maintenance. =Matt (driving a 16 year old car, and whose wife drives a 15 year old car) This should be taught in every high school. It’s capitalism 101. The big problem is the mental cost and effort of finding a good used car.

Whenever you are thinking of replacing your old car, think: what is the alternative? $464 per month actually pays for a lot of repairs, or just plain maintenance.

=Matt (driving a 16 year old car, and whose wife drives a 15 year old car)

]]> By: David http://philiprobert.com/2009/05/12/free-cars-for-life/comment-page-1/#comment-1536 David Mon, 18 May 2009 23:13:31 +0000 http://philiprobert.com/?p=431#comment-1536 Good info Philip. Thnx for sharing. Good info Philip. Thnx for sharing.

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