I am currently earning $50000 p.a. and would like to purchase a vehicle. what type of vehicle would you recomend?
Jul 2, '03
whatever you get just make sure you can pay cash for it... Cars are a good way to throw away money because they loose value very quickly. I would reccomend a used car with about 25K-30K miles or at least three years old. cars loose their value fastest during the first three years and loans add to the amount of money you loose on them (interest).
Toyota makes a solid car and/or truck - always dependable. Hondas - the motor will outlast the body (about 225K-250k miles if you treat it right).
Fords always need the most repairs and the soonest (est. 125k - 150k miles max).
Chevy's and Pontiacs will usually only last to about 150k miles if you treat them right. I had a 97 Grand Prix GT that I put 20k miles on a year and it had just hit 100k miles and the transmission locked up... It was my fault for driving it hard and on long road trips but I will not buy another one.
I personaly have a 2001 Dodge truck with 44k miles (just bought it about a month ago) it's a gas hog but a very nice ride, I bought it mainly because I got a great deal on it money wise. I will probably trade it in for something more economical when I start nursing school though.
Hope this helps.
Last edit by KidsLuvMe on Jul 2, '03