I'm graduating soon and my current jalopy is having some issues and so I will be in the market.
The manual for being a frugal and wealthy individual says I should buy something anywhere from 8 to 15k and drive it into the ground. I will not pay for any of the 5 years of depreciation but I'll still get a decent vehicle I can trust for around a decade or so.
One of the problems I'm having is when I look at the main commuter cars they seem to hold their price so well that it barely seems worth it to get a used car right now.
I'm so, so tired of driving a beater.
I can get decent out of college financing and maybe some rebates on a 2013 model.
I'm trying to live modestly. But if I'm living within my means why is such a sin to get a new car? I don't even know where new cars come from when apparently only stupid people buy them.