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Old 08-26-2014, 12:54 PM   #11 (permalink)
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+1. I was just looking at a honda mini van, 45 grand. Most pick up trucks and suv are 60 grand.

Having known some students at vcu and mcv, many nurses, tech and scrubs eat ramen noodles so they can afford a benz, lex, etc to look like a baller in the medical field.

Quote:
Originally Posted by whatmaycome14 View Post
A $30k car IS affordable!
You don't have to be rich to spend $30k on a car. After all, these days most people can work with 60-75mo financing...

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Old 08-26-2014, 01:14 PM   #12 (permalink)
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Quote:
Originally Posted by Cobb View Post
+1. I was just looking at a honda mini van, 45 grand. Most pick up trucks and suv are 60 grand.
Took the words right out of my keyboard :-) There are a lot of far-from-wealthy people driving that sort of vehicle. In fact, in a lot of cases the payments and gas is what's keeping them poor. (While I drive a 14 year old Insight, and a 26 year old Toyota pickup, and have money in the bank :-))
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Old 08-26-2014, 01:32 PM   #13 (permalink)
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Quote:
Originally Posted by whatmaycome14 View Post
A $30k car IS affordable! I do a lot of business all over the state of Virginia and for the people who want to spend $30k on a car, an all electric version that is stylish(sexy) and has a good range would be an awesome choice!

You don't have to be rich to spend $30k on a car. After all, these days most people can work with 60-75mo financing...
I wont buy a vehicle that I have to make more than one payment on, but that's just me.
Most people seem to enjoy being broke just so they can drive a big or new shinny vehicle around.

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Originally Posted by jakobnev View Post
I hope the $30k version won't be made out of stamped rust-precursor.
$30k usually doesn't buy a new vehicle made from aluminum and composites.
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Old 08-26-2014, 01:52 PM   #14 (permalink)
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Quote:
Originally Posted by dirtydave View Post
I guess $30K isn't to bad when you don't have to buy oil or gasoline.
Even when driving an electic car, you'll have to buy small amounts of oil in the form of transmission oil and grease. You'll also have to buy electricity (the price of which will be taking a big jump in many parts of the country as the EPA forces the power companies to shut down most of their coal powered power plants) and possibly a replacement battery pack 8 to 10 years down the road.
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Old 08-26-2014, 08:43 PM   #15 (permalink)
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The average cost of electricity per mile is 2-4. And if you have solar PV on your home's roof, you can drive for much less; or even for free.
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Old 08-26-2014, 08:54 PM   #16 (permalink)
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Quote:
Originally Posted by jamesqf View Post
... (While I drive a 14 year old Insight, and a 26 year old Toyota pickup, and have money in the bank :-))
You can say that again.
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Old 08-26-2014, 09:19 PM   #17 (permalink)
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Quote:
Originally Posted by oil pan 4 View Post
I wont buy a vehicle that I have to make more than one payment on, but that's just me.
Most people seem to enjoy being broke just so they can drive a big or new shinny vehicle around.
Not just you! The most amount of money I've every spent on a car was $6500, and that was for the current car I'm driving.

I don't believe in financing cars, but that IS the "normal" thing people do. So the question of being affordable should be thought of in such context, no?
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Old 08-26-2014, 09:53 PM   #18 (permalink)
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I loved my first car, a Honda Prelude, but I really needed to take it to a mechanic that had time to really look at it. Two different mechanics pointed out things that were wrong and the guy took care of some, but persuaded me others were fine. The clutch was failing after 56,000 miles. Nobody saw the ripped CV joints and the brakes and tires needed to be replaced far sooner than I was told.

My sister went looking for a car maybe a year after I bought mine, with the same amount of money. I think she was supposed to pay around $5,600 for her 1993 Accord EX (in 2,001), she financed, after telling me that she just did not want to drive the kind of car that you could purchase for that amount.

She was only partway through her payments when she filed for bankruptcy.

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