Just curious of your opinions. I ask because until I get quite a bit more income flow, there is no way I could afford another car.
I have a 2008 Toyota Yaris, with almost 112,000 miles. I've had it for 6 and a half years, obviously paid off. No major issues, only some things here and there but I put a lot of miles on it.
I recently moved very close to work (7-8 miles away) and I keep up with oil changes. I'd drive this to over 200,000 miles if it lasts.
A few years ago I dropped the full coverage insurance once I moved out on my own, and now I have only basic insurance (so, if I total my car, I'm getting nothin). I did it obviously for financial reasons as I'm pretty paycheck to paycheck at the moment. And I've been lucky and careful these past few years. But is this smart?
October 21, 2017 at 12:35PM
