The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: DeltaBond on January 09, 2015, 08:58:33 AM
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With all the car threads about fixing payment situations, I'm curious to hear what the long time mustachians are driving. So, here are a few questions.
What do you drive (if you own a vehicle)?
How much did you pay, and did you finance or pay it all at once?
Do you feel your vehicle situation is mustachian?
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I drive a 2012 Subaru Impreza hatchback.
I paid ~22k, I financed ~17k, but I paid it off in 22 months of a 5 year loan because I decided debt was BS.
While I know MMM's feelings on AWD I love this car and will likely have it for 20 years or so (my dodge neon lasted 15 and those weren't built for longevity lol!) so I'm very content with my purchase.
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We have 2 cars:
2006 Nissan Sentra - purchased in 2007 for under 10K
2010 Prius - wife purchased new before we were married
The Prius is fantastic - will cut the Sentra if we go to being a one car household.
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I have a Hyundai i10.
I paid 8000 lev (just under $5000). I could have paid cash but my employer offered me a loan at 5% which I decided was worth doing because it meant I could leave the cash in my mortgage and not have to transfer it to where I was buying the car (different country).
I have no idea if it's a Mustachian vehicle or not (to say I know nothing about cars is an understatement) but it does the job. I use it in a fairly Mustachian manner because I largely cycle in summer and use the car once winter closes in.
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2010 Ford Fusion
Financed $15k
$268.51/month @3.34% for 5 years
2 years and 9 months remaining on the loan
(Last payment should be October of 2017)
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We have 2 cars:
2006 Nissan Sentra - purchased in 2007 for under 10K
2010 Prius - wife purchased new before we were married
The Prius is fantastic - will cut the Sentra if we go to being a one car household.
Forgot about payments - I financed the Sentra but that was pre-MMM and i paid it off fairly quickly. Wife paid cash for the Prius.
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My work vehicle is a 2005 Toyota Tundra TRD 4WD. I paid $11,000 for it in 2013, all cash (well, actually the business I own bought it). I think it is as frugal as possible, given my requirement for 4WD and hauling for my job. It is decently fuel efficient, all things considered.
Our car is a 2005 Yaris, which we paid $1400 for (it had no engine). With another $1100 in parts, it is roadworthy and trustworthy again (thanks to my Dad, the mechanic!). It's freakishly cheap to operate, and rather roomy, considering it's size. Again, we paid cash for it, and all it's parts.
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I wouldn't consider myself a long time mustachian (I'm only 25, "long" is a relative term), but I have always been mustachian about cars. My dad always encouraged me to buy a car outright and never make payments.
I drive a 1999 Honda Accord EX coupe manual transmission with 225k miles.
I paid $6000 cash for it in 2007 when it had 160k miles.
I think that my purchase is mustachian. I think you could buy a less luxurious and cheaper car, but I think I got the better end of the deal in this purchase.
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1999 Nissan Frontier
Bought: 2004 w/23k miles on it
Paid: $7,000 cash
Miles: 106,000
It may not be the most fuel efficient, but I've never had a payment, and it was a steal at that price for those miles. I've had it 11 years now, and though I've had to shell out for some repairs, it's still way more economical than buying a new, or even used, vehicle. I'll drive it til the repair costs outweigh the price of a newer used vehicle. I am hoping to get at least 150k miles, maybe 200k+.
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98 Camry
purchased last year after selling my Durango
paid $2K cash
Yes - I feel as though my vehicle choice is mustachian, as I expect it to last a few more years without costing much to maintain.
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1999 Mercury Mountaineer at the moment. It sips gas at an average 18 mpg. Course I only paid 3K for it and carry liability only. I could go for a used 30 mpg car and save about $300 per year but I'd probably end up paying 4-5K for a decent one and be unsure of the reliability. So it would take several years to break even.
Newer tires, all wheel drive (I live in the hills), leather, used to haul kayaks, canoes, camping gear and other crap.
When I'm on the Highway I can hypermile it up to 21 mpg! So yeah, I'm loving today's $1.78 gas price. (cost per mile for fuel about 10 cents).
I am considering doing some significant driving this year though, so when the time comes I'll be trading the SUV for an 01 -02 Toyota Camry. The one I passed to my daughter has 390K on it and still gets 30 mpg.
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DW and I share a 1999 Subaru Outback. Purchased 3 years ago for $2,400 cash because it needed some work. Spent ~$1,000 changing head gaskets, all brakes, clutch, timing belt, accessory belts and hoses, all ignition parts, and probably a few other items. Did all the work myself so the cost was only for the parts and the rental of an engine hoist($60). Currently has ~240,000 miles and is going strong.
In spite of the less than stellar gas mileage I think it is a semi-mustachian purchase. (Maybe its a 7 on a scale of 1-10?). We don't really drive much except for 1-2 road trips per year and semi-regular camping trips in the warmer months. I think that our minimal driving helps to offset the mileage we get. Hope to drive it for 2 more years and then upgrade to a FWD car that gets better mileage. We will pay cash for the next vehicle as well, and it will be at least 3 years old.
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2 vehicles
1999 Toyota Corolla with only 40,000 miles that a friends grandmother owned bought for $2600
1997 Suzuki sidekick 4x4 that get 32 mpg someone gave me because originally they were going to pay to have it towed to the junk yard, i repaired it myself, probably have $500 into it, is great for the snow and camping and to tow a utility trailer when needed.
Mustachian? ehh i could get away with just the car, and i'm paying slightly more for insurance, both just liability. But its nice to have 4x4, and the top comes off, which is nice in the summer. Plus we camp a lot on a friends property and there is no way to get out of the woods with out 4x4. So in the mustachian spirit, i sold my 2008 dodge ram hemi and replaced it with the sidekick. Also sold the street bike recently as well, and 2 jetskis!
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Let's see... before I discovered MMM, we drove a 1998 Volvo S70 and a 2002 Honda CR-V. And then I got the new car bug, which happens like clockwork about every 10 years or so.
We traded the Volvo for a new 2012 Honda Crosstour. Paid cash.
A year later, I sold the CR-V and bought a new 2013 CR-V. Financed for a $750 incentive, then paid off the loan in three months.
Of course, if I'd known about MMM in 2012, we'd still be driving the Volvo and the 02 CR-V. *shrug* No loans, and we'll drive these cars a looooooong time. The 13 CR-V will probably end up being my daughter's in a few years.
What I haven't figured out how to do is stop lusting over cars. Like, I want that Volvo XC-60 BAD, even though I know it's expensive to repair, even though it takes premium gas and costs the earth to start with. I still want one.
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2005 Ford Focus 4-door hatchback w/ 139k miles. Paid $3,900 last year. Outside of buying two new tires and fixing a faulty lock, no issues. I've put about 2k miles on it in the last 6 months (commuter car).
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2003 Kia Rio
Paid cash, $1,200 in 2012
Only gets about 35mpg, which doesn't seem great to me since I have often driven Hondas from the 80s, but it was a good deal in a hurry when my previous car was totaled and I know it was maintained well because it was my mother's car, her first ever new vehicle.
Car before (the totaled one) was a 2001 Kia Rio bought in ~2008 for $1,600 cash from a local dealer based on my father's recommendation because they were so happy with my mother's car. About the same mpg, but a solid reliable car for me until an F250 rear-ended me at a light... crumple zone works, too, at least in the back.
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1991 K1500. It's a 5-speed pickup with 242K miles. I don't drive it all that much, but since I can fix most anything in the driveway it works well for me.
$1500
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For two people:
Past cars:
1988 Chevy Sprint, bought in April 2012 for $1000 with 46,000 miles. Crashed in June 2013 with 69,000 on the odometer. :(
1996 Volvo 850 wagon, bought in July 2013 for $2000 with 155,000 miles. Sold in April 2014 at 168,000 to buy:
Current cars:
1999 Chevy Metro, bought in April 2014 for $1000 with 146,000 miles. Currently at 162,xxx.
1992 Buick Roadmaster wagon, bought in July 2014 for $700 with 157,000 miles. Currently at 163,xxx (I think).
The '88 Sprint was wonderful, and crashing it sucked pretty hard. The Volvo was super nice, but it was too thirsty for driving around town, and too small for big roadtrips with multiple dog crates. The Metro is nice for in-town driving, shorter roadtrips, or roadtrips with less cargo. The Roadmaster is a gigantic beast of a landyacht, perfect for long roadtrips with up to 4 dog crates set up in the back. Or 6 passengers.
Both current cars I view as quite Mustachian. No depreciation costs of any significance, the Metro is efficient, both are super easy to work on (and I do, myself), and the 20MPG Buick is driven with purpose, not moseying around town for no reason.
EDIT: All were bought with cash upfront. I think I would have a nervous breakdown if I had a car payment. Couldn't do it.
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2010 Honda Fit, which we bought new with cash.
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1992 Volvo 240, which has been in the family for at least a decade. I've owned it for about eight years. It was a gift from my sister, who got it as a gift from my parents.
I think it's pretty mustachian. If I drove a lot more, I'd consider getting something more efficient. It's a heavy car.
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I wouldn't consider ourselves mustachian because our spending is more than most people on this forum, but we manage a great savings rate and I am very excited about the idea of FIRE in another 10 years (when I am 42/43). Our current cars:
2005 Scion tC - 120k miles, paid off long ago, thinking of replacing with something with 4-doors since getting the baby in and out of the backseat is tough with the 2-doors and the sloped back
2012 Golf TDI - paid off last year, purchased new, with the diesel engine will likely last us forever
After our experience buying the TDI, I think we won't be buying a new car for a very long time. We had wanted to buy used but at the time there just were not any used TDIs on the market in our area. I took that as a sign that they are good cars and people hang on to them!
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Me 2005 Suburban Z71 owe $2700 on it. It's my winter driver and camper tower.
Me 2012 Harley Davidson electra glide classic. Our summer ride and fun vehicle. Owe 10k on it
Wife 1996 Toyota Camry paid cash for it about 3 years ago. Love this thing and it's her daily driver.
Step daughter 2001 Saturn L300 paid cash for it 5 years ago. Piece of junk but it runs. Now that she is in college I drive it some to help with fuel costs in the winter.
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Didn't want to buy new, but got a deal cheaper than a used on a new 2013 Chevy Volt. Almost never use gas around town and get upper 30s on the highway. Net cost after finance charges and tax credit is a bit under $21000. We bought it new in August 2014. Our other car is a 2006 Volvo V70, which is super nice, but not efficient. I still have a 99.5 VW Jetta TDI with 225000 miles that I need to get around to selling.
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06 Hyundai Sonata GLS - $10K PAID FOR.. 107K miles on it now
Will drive it into the ground while I save for my next vehicle, a truck.
Which I know isn't very mustachian, but I love hunting/fishing/camping and need 4WD and extra clearance to get into the mountains!
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I drive a 2009 Mini Cooper S. It was $23k. I put down 50%, and paid the rest off in 3 years.
Is it mustachian? Well, not really. But, I had driven beater cars for my whole life and really spent a lot of time researching to find the cheapest, best MPG car, that would provide the most fun. A manual, turbo, Mini Cooper seemed to fit that bill pretty well. No regrets.
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I think like any spending decision, whether something is mustacian or not depends on your financial situation.
So with that I am FI, never had a car loan in my life, my last car (my first when I emigrated to the US) was a 97 Neon manual, bought it new and paid cash.
Current cars...
Car 1.
I have a 1999 Dodge Neon that I rebuilt (engine, transmission and some cosmetic damage)
Cost $350
Payments.. Umm zero
Car 2 Wife's
2012 Chevvy Cruze, bought from Hertz (ex rental car) High end model leather seats, power everything
Cost $12,000
Payments.. zero.. paid cash, and only carry liability as I can do bodywork etc and my car is sort of spare since I retired and hardly drive it.
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2008 Nissan Altima which I bought used last year. It only has 88k miles on it and I expect to keep it for a very long time. My previous car was a Mustang.
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2014 Subaru Forester
Paid cash for it $26,000.
Non-Mustachian, love it so much!!!
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2010 Acura TSX
Financed $25k @4%, refi to 2.3%, paid off last year
Non-mustachian for sure!
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I wouldnt say that we're long-time Mustachians, but we have:
2013 Prius - purchased 2 months ago used with 33k miles on it for $18,500. Love this car even though I think we could have maybe haggled more. Love the gas mileage. Bought with cash.
2009 Ford Escape - bought for a little over $20k with 18k miles on it in early 2010. After warranty and all, cost me $24k with half in cash, half financed for 3 years (paid off a few months early). Definitely overpaid and didnt get something that matched my needs (bought AWD model because I was in Colorado and thought it would help in the mountains, and then promptly moved to Texas less than a year later).
Going to keep both cars for a long time I hope. And use Prius for long trips. Tempted to go down to a single car, but will stick with 2 for now.
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OK I think I'm winning this game..:)
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With all the car threads about fixing payment situations, I'm curious to hear what the long time mustachians are driving. So, here are a few questions.
What do you drive (if you own a vehicle)?
2001 Honda Insight, 347K miles.
2011 Honda CR-V, 48K Miles
2005 Yamaha Zuma Scooter, 7K miles.
How much did you pay, and did you finance or pay it all at once?
Insight: $4500, but sold an extra set of wheels it came with for $150, so $4350. Bought it in 2011 with 225K on it. Paid cash.
CR-V: 20.4K OTD. Put 1K down, financed 19.4K for 5 years at 2.4%.
Scooter: $975 Cash.
Do you feel your vehicle situation is mustachian?
Insight: DEFINITELY a mustachian car, but its' duty is my UN-mustachian commute.
CR-V: Probably not. Probably could've bought a 2004 and been better off, but hard to say with the way prices were at the time vs year/mileage. We use it for towing a tiny camper for mustachian vacation time. (Can camp for $15/night in state parks.)Bought this before we got more hardcore, but we'll keep it for a LONG time. (10 years?) And I suppose we instead could've bought a larger SUV and or truck and a large camper and be out a LOT more $$$! I know a few who have a big truck just so it can tow a ridiculously large camper. No thanks. I'll take our mini-camper that's basically a hard-sided tent.
Scooter: Probably. Wife takes this to work on nicer days, saves $ and wear and tear on the CR-V. We also use it to go to events where we'd otherwise have to pay for parking. We COULD use bikes instead, and that'd be better.
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2001 Subaru Forester S that's been on the road since July 30, 2000. It has almost 131,000 miles on it.
Paid about $26,000 cash.
I still don't know what 'mustachian' is and don't care if the car is mustachian or not. But the last time I checked, major U.S. airliners hold onto planes for 25 years or so. They run pretty tight operations, cost management-wise.
They don't lease planes. They purchase them. They don't flip their planes every three years.
You might not like most U.S. airliners. You might not flying in their planes. But we can all learn from them.
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Shared with my wife: 2002 VW New Beetle manual transmission diesel. Bought in 2009 for $8500 with a credit union loan, which we paid off in 14 months - before discovering the MMM forums, after my wife's car at the time - a '98 Honda Civic passed 240,000 miles and the engine crapped out for the second time in a year. She had originally bought the Civic for $400.
My college age son who lives with us has a 2000 Toyota Echo which we bought in 2007 for $3500. It has been very reliable, even though we purchased as a salvage title. We bought it from our mechanic who had fixed it up for his own use, but wasn't driving it much. He told me last time we spoke that he regretted selling it to us.
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I have a 1999 Dodge Neon that I rebuilt (engine, transmission and some cosmetic damage)
Cost $350
Payments.. Umm zero
I had a '96 neon before the car I drive now. May it rest in peace. I loved that car...
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Hi guys!
I'm new here, but it seems I've been practicing the cores of Badassity for a while. Granted, I still have a lot to learn and more I can always cut out.
Anyhow, I drive a Solé... That's right, a single speed bicycle. http://shop.solebicycles.com/collections/bicycles/fixed-gear-bicycle (http://shop.solebicycles.com/collections/bicycles/fixed-gear-bicycle)
It was definitely on the expensive end, and this was back when I was starting to get settled and didn't have the most amazing grasp on my finances, although I was headed there quickly.
This little sucker gets me all over town. Granted, I don't have hills. And I take public transportation to work for a monthly fee of $115. That's a total of $5.75 round trip, with the added perk of unlimited local rides as well.
I know, I'm cheating. Obviously you meant cars, but I had to represent the carless here. I love thinking about how much money I save constantly by not having a car.
(I had a car back in the day, a Jeep Cherokee 1996. I loved that thing. Sadly, it was lost in a freak car-fire. Long story)
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We've got two cars -- a 1999 Ford Explorer Sport (my wife bought it before we met for ~$6K in 2005/6, I think) and a 2009 Corolla (purchased in 2011 for ~$12K).
We'll let the Explorer die at some point, but it's been reliable. I think we're game to be a one car household at that point, too. If I had it to do over again, I'd buy an older Corolla. It's been a good car, though.
My wife drives the Corolla and we use the Explorer occasionally as a second vehicle. I bike most days (Gary Fisher Mako).
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My truck is 15 years old. I am thinking I may never have to buy a vehicle again. It's been that good.
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I drive a 2013 Subaru BRZ. With taxes and fees it was $30k. I financed $28k at 2.9% for five years.
This was not the most Mustachian choice, obviously. It gets decent fuel economy (40% better than the vehicle it replaced), but requires premium. Our savings rate is still plenty high though and I plan on keeping it for at least 10 years. Overall I am very happy with it.
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What do you drive (if you own a vehicle)?
How much did you pay, and did you finance or pay it all at once?
Do you feel your vehicle situation is mustachian?
- 2000 Buick Regal GS, bought in 2011 with 60k miles on it (yes, some old guy barely drove it); this car is a hidden gem.
- 6 grand for the car, 2 grand for work done on it; borrowed money from parents for a few months since I got it just prior to starting my first real job.
- Probably. It ain't flashy, but it gets the job done. Lots of fun, great time owning it; been to 49 states and DC on it. Has it where it counts. Costs a bit more to maintain than I would like. Safe. But hey, who's going to admit their car decision is stupid?
I hope to drive it until it dies, then resurrect it and drive it some more. I've got the cash for it. Hoping at least 5 more years.
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I drive a 2006 Saab 9-3 with around 120,000 miles. Bought it in 2011 for $11,000 when it had about 55,000 miles on it. Not the most Mustachian purchase, but I plan on driving it into the ground. Plus, it gets good gas mileage for a sportscar (27 mpg) and I'll drive it a lot less now that I work about 3 miles form my office.
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2008 Ford escape hybrid - 45mpgs
will turn over 200k miles this year. bought it with 150k 2 years ago for 4800 bucks at our fleet auction.
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2001 Volvo s80. List price 45,000. I bought it in 2006 for 10k as it had 96,000 miles on it. It currently has 144,000 miles and could happily continue for a long time. very comfy. gas guzzler though - 18.6 mpg. however as I only do about 6k a year max and am reducing that with biking to work then the cost benefit of trading it in is minimal.
2003 town and country. very handy for kids (we had 3 at home when we bought it) and visitors from out of town/ country (just had parents here for 4 weeks). we got it for 15k when it was 11 months old and had 15,000 miles on it. its currently at 96,000 and going strong. This would be the next car to be replaced if needed.
both long paid off.
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2001 Mercedes 430E paid cash ($15k) in 2008. It currently has about 153,000 miles on it.
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We own a Fiat 500 2012, bought cash for $12,000 exactly two years ago. It was offered at $17,000 in Calgary-area dealers but I got it from a Dodge Chrysler dealer in rural Alberta who could not be happier to get this toycar off the lot in the middle of 4x4 monster trucks.
We rarely use our car, it sits in the condo parkade 3-4 weeks every month. I work 2000 km north in Yellowknife where I either bike or work and do not own a vehicle, and my wife does not drive and walks to work two blocks away. In Calgary, I bike or walk most of the time except for groceries and errands or short trips to visit friends. It is a very mustachian vehicle, excellent fuel consumption, low maintenance, easy to drive. The mustachian thing would be to get rid of it and rent when I need a car but I am not ready to take this step yet.
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New York City subway!
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Leitra Velomobile
$4,200 including motor modifications
paid for
1,600mpge and I dont have to pay for insurance, registration, etc and I can drive on roads legally.
If all goes to plan, I will be able to advertise with it too, generating money just for riding to and from work.
And my wife drives a camry.....
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2008 Civic. I'm a fancypants ;)
Bought it right before moving across the country for a job new for 23k? Financed about 6k of it at 1.9% to keep my emergency fund intact but paid it off within a year. The payments were pretty low because they didn't have loan terms shorter than 3 years.
I'd say it's medium- certainly buying new isn't mustachian (although I tried used, but anyone try to buy a used gas efficient car in 2008? In hindsight should have made my clunker last until the used market started breathing again, whoops), but it's a fuel efficient reliable car that I'll have for years to come.
H has a 2007 Chevy Impala, which is even more fancypants (leather seats!) but bought used 3-4 years ago when his college clunker finally died. He bought it pre-engagement and I don't recall what he said he paid, but it was financed at a low rate and paid off early. For someone in sales who has to drive clients it feels like a good compromised choice.
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1997 Saturn SL2 sedan, automatic.
Mustachian?
No, because I bought it new. It is the higher-end model. It has leather seats and other fancy things (if I wanted ABS, I had to get the whole options package). It's not a hatchback.
Yes, because it's still my daily driver after 18 years and 160,000 miles. It has been fantastically reliable. It's needed very few repairs. The gas mileage is decent. I like it and so it is associated with good feelings instead of bad ones. I wish it would last forever.
Paid cash.
1998 Saab 900 convertible.
Mustachian?
Of course not, it's a SAAB. Parts cost a lot and certain repairs are so complicated we take it to a shop. Some parts can't be found at all except used. Plus it's a CONVERTIBLE, which means a whole additional system to break down (and it has). It has HEATED leather seats. It's bigger than the Saturn and has a more powerful engine for no good reason except to go faster.
Yes, because it was free. After my mother stopped driving, my father felt he could no longer justify having 2 cars, so he gave the Saab to me (it was 10 years old then). It allowed me to have the wonderful experience of driving from NY to KC, MO with my father, just the two of us together. Then my husband and I drove it the rest of the way to CA, visiting Colorado and Arizona along the way. I treasure those memories. It's also fun to drive.
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
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2002 Subaru Outback (mine). Paid $4000 cash. I don't drive much in summer (bike the 10 miles to work) but I do drive in winter.
2010 Prius (wife's). Financed at 1.99% but will be paid off in less than 12 months total (February's payment will be the last). My wife is a social worker and is required to do regular home visits . . . the Prius has been great. We spend about $150 in fuel every month, but her mileage reimbursements are about $450. Of course there's wear and tear on the vehicle but I think we're still coming out ahead on the deal.
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Me: I drive a 2001 Toyota Rav4 (manual AWD) that I purchased third hand about three years ago. I paid $8000 with a LOC (8%) but paid that off within a few months. I drive the car to work on days where I need it at work (I get compensated per km I drive while at work) and try to leave it at home when I won't need it.
Hubbo: 2007 (?) Toyota Tacoma that he bought second hand (about 7 years ago) for cash.
Together (and regrettably) we are not particularly mustachian. In fact, I just did the math and am disappointed to learned that I get 18mpg in my little Rav4. I would've hoped for more, but alas no. At the risk of sounding like an excusypants (is that a thing?), my career is in a period of flux and there is a CHANCE that we will be relocating to a new city in the next couple of months. If that happens, we will most definitely be thinking about the location of our next place - hopefully landing in an established neighborhood that is equidistant between our two places of work to maximize the feasibility of bicycle commuting.
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2001 ford ranger modded and hypermiled to a reliable 35 mpg. Paid 3200 cash when I was 17 in November 08.
Wife and I bought 07 Prius last September for 7000, financed at 1.49% for 60 months.
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06 Corolla that I bought new in May 06. Currently has over 125K miles, plan on driving it into the ground. Other than changing tires twice since I bought it and replacing brake pads no issues.
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2013 Hyundai sonata . Originally planned to get the Elantra but couldn't get all the grandkids in the backseat of that one. Bought new, but negotiated a good price. Made a substantial downpayment and financed at 1.9 percent. I am going to go ahead and pay it off in the next few months. I generally keep my cars at least ten years.
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By the way this is my first post on the blog, so welcome everyone!
1999 Toyota Camry
I purchased the vehicle in 2009 for $5,000 with 100,000 miles on it. I paid cash for the vehicle.
currently has 185,000 miles
my goal is to get another 5 years out of it
*For the few years owning the car I made a daily 70-mile commute. 3 years ago I calculated the stupidity of such a commute, so I moved closer to work in 2011. A couple months ago I found this blog, and it confirmed my former stupidity.
Is the car mustachian?
no - the gas mileage is around 25. It fits 5 people, when only have a wife and one kid to drive around. It's a v6, when a four cylinder would more than do.
yes - I bought it for it's reliability, paid cash, have kept it well within the $5000 that you would expect to pay in repairs to maintain a car between years 100 to 200 thousand. I bought it when it had mostly depreciated, but still had plenty of life in it.
Right before I joined this blog, I watched many of my friends, who make no more money than I do, buy very nice new vehicles. A part of me wanted to join in the fun, even though the mathematician i me knew it was stupid. This blog quickly got me thinking correctly again. I'm back to my old self, and I have more pride driving my 99 Camry that I could in any new vehicle.
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I can't believe this thread has made it to multiple pages without any posting the relevant Swingers clip (https://www.youtube.com/watch?v=6upp3wJV9UU).
Of course, that version of "What do you drive" is from a slightly different perspective. In the movie, dude gets himself all psyched up to go talk to this girl at a party, and this line is her only response. Like it's how she evaluates potential suitors.
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Creepy looking 2003 Dodge Ram Conversion van. Old 318 dodge motor.
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Punch me.
me: main car 2005 Toyota Matrix. Bought used for $7k. Paid cash.
wife: main car 2012 Toyota Rav4. Bought used for $12k. Paid cash.
alternate vehicles:
1981 piece of shit chevy truck. Price: traded for large pizza with everything. Possibly over paid.
1975 Triumph TR6. Price $3k in 1983. Paid cash. Yes, I've had it that long.
I won't include the tractor...
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
Shouldn't - the 5sfe is fine on 87.
'91 MR2 Turbo - paid $7k cash in 2008.
'97 Lexus LX450, paid $7200 cash last spring (for sale @$8500).
'99 Tacoma 4x4, paid $4500 cash almost 3 years ago. Sold for $5500 last weekend.
Replacing both of the above trucks with one - '07 Lexus GX470, financed $18,400 at 3.49%, will pay down some when the LX450 sells. Not mustachian, but a planned and thought out decision involving more factors than just money.
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My wife and I have a 2001 Bmw 320D that we bought for about $28.000 in 2010. Since we live in a country with the highest car taxes in the world this was actually ultra cheap.
The car is extremely reliable and gets 38 mpg. Since getting it we have driven about 80.000 miles in it and it has never put a foot wrong.
Unfortunately we can't avoid my wife's commute. But will driv this car into the ground over the next 10-15 years.
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VW UP. Bought it when it was around 1 year old. Paid around $20.000 for it. Should have bought a much older car, but I have no payments on it, it's very fuel efficient and I only use a car on the weekends and it's sitting in a closed garage - so at least it will last me forever.
(http://e24.vgc.no/drpublish/images/article/2012/06/06/20238803/1/default/Volkswagen_High_Up.jpg)
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2011 Citroen DS3 1.6 eHDI Diesel
Cost at the time € 20.000,-
Paid cash for it on my own LLC's name, and received some tax break and VAT subtractions due to it being fuel efficient. I was not into mustachian values then and splurged on some extras that were not needed, as well as buying a new car. I did get sportsseats which help a lot with my lower back problems. Before I drove a Citroen C1 and even on a 50 km / 30 mile commute I'd get a nagging lower back.
It runs at about 1:20 kilometers per liter (47mpg) in practice, but can run 1:30 if I would pay a lot of attention to it (1:70 mpg). Initially expected to replace it when it hit 5 years, but now am going to re-evaluate that. Something needs to change at 5 years because the tax situation changes dramatically then.
(http://www.alhapominiaturen.nl/images/Norev/181539.jpg)
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2004 Nissan Sentra, Purchased for $7000 cash exactly 48 months ago with only 13,000 miles.
24-25mpg around town, 30-31 on the highway, so far oil changes, a pair of tires, and a pair of brake pads, 1 O2 sensor in maintenance.
She has 58,500 miles now and is KBB $4400.
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2008 Audi A4 convertible. Bought it used, paid cash. It's not mustachian, but I love it, and it is the last car I will ever own, so I'm happy that it's one that gives me so much pleasure.
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
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Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Yes. I have the early 5S-FE without the knock sensor and with the very simple fuel injection system. It doesn't properly compensate for Ethanol and knocks on anything less than 93 octane. I've owned it long enough that I lived through the conversion time. The non-Ethanol stations I could run 87 fine, but 87 from an Ethanol station and it would ping (audibly) like crazy (and eventually blew a head gasket from me forcing the issue). Now that all stations are converted over I have to run 93. If I even drop down to 91 I get a light pinging.
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1990 Toyota 4x4.
I bought it new for $16K.
It just passed 315K miles.
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I drive a p.o.s. 2008 Dodge Ram 1500 for work, I get to drive to and from work in it too. They bought it new for me when I was hired. They pay for the gas, registration, insurance and maintenance.
My S.O. has a 2007 Kia Sorento that she bought new for $11,000 cash before we got together. We use this for grocery runs and camping skiing and rafting trips, and she drives it to work 2 nights a week. We may sell it in the next year for something more efficient.
I have a '92 Yamaha FZR 600 that I paid $800 cash for that I use for errands that don't involve cargo and social trips. I used to commute on it in the summer before my employer let me take the pickup home on a consistent basis.
I think it is somewhat mustachian, but with room for improvement.
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I don't drive, have always lived in a location with awesome public transit or (more often) within walking distance of whatever I need. Hubby has a car.
What do you drive (if you own a vehicle)? 2005 Toyota Camry - actually he comes from a long line of sensible Camry drivers, third generation.
How much did you pay, and did you finance or pay it all at once? We bought used in 2011 very low mileage, but can't remember - and paid 12,000 cash. Before that we had a 1998 Camry that had over 300,000 K, which had some damage from a bear falling on it. The car is still going strong and used as a beater car for Hubby's grandma - but didn't have the clearance and power necessary for a lot of Northen BC driving.
Do you feel your vehicle situation is mustachian? Yep, it has served us well and we managed to live in a lot of snow without buying a truck.
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My college cars were all very Mustachian... I literally pulled one of them out of a junkyard & drove it for a few years. The junkyard thought I was nuts for spending the morning in the frozen mud to get an old Subaru out of the junkyard. I thought they were nuts for selling me a perfectly good old Subaru with a bad fuel pump and leaking rear wheel cylinders for $350.
... saved another from the junkyard by beating the junkyard's price by $25. $150 Daihatsu Charade. :)
Can't say I really miss them, though.
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I'm currently a nice paradox. I commute to work on an electric bicycle, and own a 1997 F350 crew cab/long bed diesel. I paid a good bit for it, but it's only got 94k miles, on the 7.3 Powerstroke that'll do half a million miles. It's for hauling and towing, and I put maybe 2k miles/yr on it. My wife's family is heavily involved with restoring antique cars (1920s stuff), and we fully plan to join them as soon as we have space to store one & work on it, and they are HEAVY. 3500+ lbs of car, plus a 2k lb trailer, and it starts limiting what can tow them through mountains. We're also planning to tow a decent camper at some point once our kids are a bit older and do things like "Spend a month touring the east coast for history lessons." Cheaper than hotels by a long shot...
I do almost all the work on it myself (had a shop replace the rear brake line because I didn't feel like doing it), and it should last basically forever. I'm also considering throwing a set of batteries and an inverter in the rear for off-grid power if needed - I can install dual alternators to drive that easily enough. And bigger tanks.
And then a 2015 Mazda3 that we traded a Mazda2 in for. Same or better fuel economy, radically nicer to drive, and fits enough more that we don't need to take the truck nearly as often.
And a few motorcycles. :)
Facepunch away. I'll just whirr away from you on my ebike. :p
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
Hmm is the fuel pump in or near the fuel tank?..If so then vapor lock "should" not be a problem.
Rubber components can be an issue (I designed the fuel system for the airplane I built to run on ethanol laden fuel) but I am surprised this car does not have ethanol tolerant rubber components. effect of water on metals was a non issue it turned out.
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Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Yes. I have the early 5S-FE without the knock sensor and with the very simple fuel injection system. It doesn't properly compensate for Ethanol and knocks on anything less than 93 octane. I've owned it long enough that I lived through the conversion time. The non-Ethanol stations I could run 87 fine, but 87 from an Ethanol station and it would ping (audibly) like crazy (and eventually blew a head gasket from me forcing the issue). Now that all stations are converted over I have to run 93. If I even drop down to 91 I get a light pinging.
Wow.. I guess you could try retarding the ignition a few degrees if you wanted to experiment.
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Heads up to this of you comparing miles per gallon claims between the US and Europe.
Remember that an imperial gallon is 20% larger than a US gallon.
Thus the same car doing say 30mpg in the USA will magically be doing 36mpg (+20%) in the UK... because the gallon is begger..:)
Frank
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2006 Honda Accord
A gift (with some small body damage such as a dent in the panel behind the door from being backed into and the front bumper isn't 100% secure).
86k miles on it.
Gets 35MPG or so, and we barely drive it. Mustachian.
I will drive this thing until it dies in another 10 years. This year, I need to get the timing belt done.
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A 2003 Toyota Tacoma, 4WD.
Bought it in 2004 with about 600 miles on it. Paid $28,000. Paid $16,000 in cash and financed the rest. I don't remember the terms.
It now has about 135,000 miles on it.
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
Hmm is the fuel pump in or near the fuel tank?..If so then vapor lock "should" not be a problem.
Rubber components can be an issue (I designed the fuel system for the airplane I built to run on ethanol laden fuel) but I am surprised this car does not have ethanol tolerant rubber components. effect of water on metals was a non issue it turned out.
In my case (not an MR2, but a 1975 TR6) the fuel pump is mechanical, driven off the engine. Aluminum fuel lines then encircle about 3/4 of the engine, ending right there above the hot-as-hell header. The TR6 was designed for 100 octane fuel, so even the "high octane" 93 with ethanol will start to boil on a warm day if you stop and cut off the engine. Give it 3 hours and it's right back to normal.
The rubber on old Britcars is a breed unto itself. It's always been special. Even in its day, if you didn't use approved brands of brake fluid, you'd have hydraulic failures. (I'm not talking DOT 3/4/5... I'm talking specific brand formulations.)
The carb floats are plastic... and really have trouble with ethanol. Replacements are worse. When you sink a float you're better off going to a junkyard and buying old stock floats than buying new. I've never been able to find a metal float that fit that car.
The metal effect can be an issue ... as ethanol holds more moisture than gasoline. I know the industry says it isn't. My personal experience has been otherwise.
A side comment: cars are decades ahead of lawn equipment. I've seen multiple mowers/chainsaws/etc eaten alive by it -- usually rubber type components. Downside is that often the carb rebuild kits for these things cost as much as the equipment is worth.
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2008 Honda Civic Coupe
My first car!
Bought in 2009 for $11,500 cash with 21k miles on it
Currently have 100k miles
It's small but we decided against a bigger car as we knew that 99.9% of the time it was going to be used for only 1 or 2 people.
It's pretty fuel efficient ~35-40mpg
2002 Mercury Sable Sedan
My wife's first car which she got at age 17
Her dad bought it for her in cash back in 2003 - not sure how much he paid
Currently has 130k miles on it
I don't like the car. It's had problems and is not fuel efficient. Gets ~20-25mpg.
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I don't have a car, but sometimes borrow a Buick Verano from my parents who live in the region if I need to go on a longer trip.
I make sure to bring it back full of gas and cleaned up, of course. Quite a nice little car, it almost makes me buy one.
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- 2003 Honda Accord. It has 150k miles now. I think it had around 10-15k when I drove it away from my parents house.
- Bought it from my parents, who bought it used roughly a year before. I paid them off by getting a car loan of my own at 1% interest in 2005. I think it cost me around $24k, which is/was too much.
- NOT Mustachian when I bought it, became Mustachian after I paid off the loan early in 2009. Doesn't get the mpg I want anymore (mid 20s I think, which is lower than before...looking for input from someone smart on that). I'm trying to attack that problem by driving less, which is more environmental than someone creating another car (with all the associated environmental costs).
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2008 Audi A4 convertible. Bought it used, paid cash. It's not mustachian, but I love it, and it is the last car I will ever own, so I'm happy that it's one that gives me so much pleasure.
Hi fellow Audi-ite! I have an A4 as well, 2011, bought new, with cash. Think it was $42,000. Definitely not Mustachian.
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2000 celica gt bought in 2002 for 19k. Approx 35mpg and can fit a tonne of stuff in there. Will be tough to eventually let it go. Probably would get a matrix which has same engine in it
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Paid $4000 cash for a 2001 Hyundai elantra hatchback about 2-3 years ago. Great family car. Love it.
Paid $1000 cash for a 1992(3?) Toyota Camry about a year ago. Great commuter for DH.
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Currently drive a 2010 prius
Paid a friend 7800 cash for it two years ago.
Mustachian.
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
I run E85 in my MR2 in the summer in Phoenix. It's fine. :)
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
I run E85 in my MR2 in the summer in Phoenix. It's fine. :)
wanna buy a TR6?
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Before that we had a 1998 Camry that had over 300,000 K, which had some damage from a bear falling on it.
what
how
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1991 Toyota MR2. Bought used in 1996 for $10,500 cash. Fairly mustachian for a sportscar. 32-34 mpg. Originally ran on 87 octane, but with 10% ethanol being all I can get locally it now requires 93 octane. Parts can be ridiculously expensive (and hard to find), but it rarely breaks despite the beating it gets (hey, it *is* a sportscar!).
1995 Mitsubishi Eclipse GSX. Bought used in 2002 for $15,500 cash. Not as mustachian. Originally was getting 28-30 mpg, but had severe hesitation problems at low speeds. Found and fixed injection timing issue and it now runs tons better, but only get 25 mpg (with 93 octane, it's a turbo). Most parts are easily found and dirt cheap. However, stuff breaks a LOT, and I recently had it stuck on a lift for multiple months while we were trying to locate a rear axle cup (seems you can buy anything BUT that part)...
1994 Suzuki Katana (motorcycle). Bought in 2013 for $1 (cash :-) ). 55 mpg highway (42 in town). Parts are dirt cheap and easily available. Stupid easy to work on compared to a car.
Really?.. Why?.. 87 Octane should be 87 Octane.. You can detect detonation running ethanol?
Frank
I dunno about BlueMR2s reasons... but in my case ethanol based fuels cause vapor lock in the summer. It can also be hell on parts that were not designed for it. Rubber falls apart. Metals corrode due to higher water vapor... etc.
I run E85 in my MR2 in the summer in Phoenix. It's fine. :)
wanna buy a TR6?
Haha, nope.
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With all the car threads about fixing payment situations, I'm curious to hear what the long time mustachians are driving. So, here are a few questions.
What do you drive (if you own a vehicle)?
1965 Datsun Sports. Yes, she's my daily driver. She's been finished off (seats and an engine - woohoo!) since the below photo was taken, but I don't have any recent pictures.
How much did you pay, and did you finance or pay it all at once?
Purchase price was $2,900. Total paid over the past 10 years is $10,000, not including fuel. Current appraised value (what they're actually selling for in my car's condition) is $18k. Not a bad ROI.
Do you feel your vehicle situation is mustachian?
Hell yeah!
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- 2001 Toyota Prius, currently has 157000 miles. Bought it for $3600 with 145000 miles on it 18 months ago. The owner had just put a brand new hybrid battery ($2700) in it before needing to sell.
- 2000 Toyota Sienna, just bought it for $1500. It has 160000 miles on it, and will be used for flipping stuff on Craigslist (Make around $10k/year). My wife and I will also be having our third child soon and three carseats don't fit into the back of the Prius.
Overall, I feel like we've made pretty mustachian car choices.
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2002 Holden Barina, 1.4L manual, with 112,000km on it. Fuel economy in the 7-8L/100km range (plenty of low speed suburban driving). Purchased in December for $3000 cash.
Definitely a Mustachian vehicle.
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Not Mustachian at all, but bought before I discovered MMM... 2013 Camaro that I purchased for $23,000 less $15,800 for my trade-in (a 5 year old Honda Pilot). On the bright side, I paid cash, so there are no payments.
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...
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We have one car which is a 2006 Jeep Wrangler. It is very unmustachian and really uncomfortable. But my husband likes 4WDing and so I put up with it. I drive it to work, he walks to his. We paid NZD$22000 cash for it in 2008 when it had 22000km on it. Sometimes I think it looks quite cute. It is black..
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I think like any spending decision, whether something is mustacian or not depends on your financial situation.
So with that I am FI, never had a car loan in my life, my last car (my first when I emigrated to the US) was a 97 Neon manual, bought it new and paid cash.
Current cars...
Car 1.
I have a 1999 Dodge Neon that I rebuilt (engine, transmission and some cosmetic damage)
Cost $350
Payments.. Umm zero
Car 2 Wife's
2012 Chevvy Cruze, bought from Hertz (ex rental car) High end model leather seats, power everything
Cost $12,000
Payments.. zero.. paid cash, and only carry liability as I can do bodywork etc and my car is sort of spare since I retired and hardly drive it.
Badassity. I wish I could do body work! I do all the mechanical (except alignment) but I have too many hobbies vying for attention.
Okay fine it's cause I suck!
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Me: 2005 Matrix with 150k miles, bought used last Spring for $5200 cash.
Hubs: 2004 Corolla with 216k miles, bought new by a young, non-mustachian me. Just replaced the timing chain last month, and hoping this baby lasts forever. I wish I could go back in time and hi-five myself for buying such a great car. It has needed very little, considering I was never one for keeping up with maintenance, aside from oil changes.
Facepunch worthy: 2001 Chevy 2500HD ext. cab, bought last Spring for $3k cash. We drive this sparingly, using it for hauling DIY materials for home and rentals, and our pop up camper. (I know, it's overkill for a pop up). It's beat to hell and AC is broke, but we can all fit in it when necessary, and it starts right up every time.
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Heads up to this of you comparing miles per gallon claims between the US and Europe.
Remember that an imperial gallon is 20% larger than a US gallon.
Thus the same car doing say 30mpg in the USA will magically be doing 36mpg (+20%) in the UK... because the gallon is begger..:)
Frank
I used US gallons. 1 liter per 20 km = 3.78 liters or 1 US gallon per 75.6 kilometers = 1 US gallon per 47 miles
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I drive a 2010 Toyota Corolla, dh has a 2012 Nissan Altima. Both were purchased new, with a large down payment but some financing. The Corolla had some interest associated with it, and we paid it down ASAP. The Altima is a 0% loan, so not such a big rush, but we're almost paid off.
The Corolla was supposed to be dh's car. He picked it out, etc., and drove it for several months before he hurt his back doing something around the house. One of the things his doctor stressed was that he must sit up straight at all times and not hunch. He hadn't realized it, but he couldn't do that in the Corolla very well. He's 6'5. My 15 year old car died shortly thereafter, so I took the Corolla and we picked out a new car based largely on head room.
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1985 Benz 300TDT, not sure what my husband paid for it, but I'll be driving it as long as I enjoy not having car payments :) It gets 30-31 MPG, and since these engines typically last around a million miles, I still have 700K miles left on it!
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Ran into a guy driving a 2000 Honda Insight last night. He restores and flips them. He wanted 4K for one with 180K on it.
His mileage = 60mpg. Sweet, so at today's 1.77 gas price he is spending about 3 cents per mile in fuel. My annual fuel cost would be around $300 at that rate.
He says he can get 90 mpg when hypermiling and grid charging a couple of times per year. Apparently grid charging is good for the batteries if used in limited bouts?
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2014 Prius, it was about $23k. I did get a loan but it's 0%. I love the car and the mileage is fantastic, but I do regret the purchase and have considered selling it or trading it in for a cheaper car. I went carless for about 4 years and I think I just went bonkers when I moved to a smaller metro area and "needed" a car.
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2006 Toyota Matrix (hatchback) - bought new, paid cash ~$17k
2009 Honda Civic - bought new, paid cash ~$18k (would have preferred a used car but our prior one was totaled in an accident and weren't really willing to wait to find the right one)
2 kids
Carpool with one adult/ 4 kids fairly often.
I consider them to be mustachian, and plan to keep them forever (hoping 20 years each?)
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I like un-mustachianing up the curve:
I drive a 2015 Audi A3 (lease, for work)
DH drives a 2013 Infiniti G37 (lease, for work)
Nanny drives a 2008 Acura MDX with the kids. Also the weekend car if we have all 3 kids. We own that, paid cash for it in 2011.
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2006 Scion xB. I love it to death. I need to do some sound improvements (it's a loud drive on the highways).
I paid cash.
Somewhere around ~11k I think used a few years ago. I'm not positive, but still have never had a car payment!
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My cars are terrible :(
2010 Ford Fusion Sport AWD. 42k miles
~22 mpg
Bought used (20k mi) for ~22k in 2012, DH financed ~16k before we married -- current balance @ 11.7k, paying $283/mo @ 3%
2004 Chevy Suburban Z (not sure on the model, it's the off road/towing package fancypants one)
~12 mpg on a good day
Bought used (205k mi) for 3.8k in Aug 2014, paid cash.
Not mustachian at all. I have a lot of complainypants reasons for them:
- Disabled hubby is no longer allowed to drive per doctor's orders, but does not feel comfortable being home all day without an option to drive for 'emergencies' (grrr!)
- Disability is a new/evolving situation so giving lots of leeway as he adjusts
- I carpool for free to school with my aunt so Fusion's poor MPG is not a huge negative at the moment; this also means DH is actually home with 2 cars most days
- Suburban only gets driven 1-2x a week for dog/big stuff transport (we have 3 ~100+ lb dogs and while we have fit them all + us in the Fusion once or twice, its' really not safe - can you say distracted driving?!)
- We do live in a non-walkable, barely bikable area; one car is definitely necessary
If I can convince DH, I really want to downsize to one smaller SUV or big wagon that would be at least as fuel efficient as the Fusion. I was thinking Chevy HHR or Ford Freestyle but have some reservations based on reviews -- probably just have to bite the bullet and go test drive to see what I think.
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My semi-mustachian ride is:
2007 Yaris Hatchback, 5-Speed Standard, 60k miles.
Paid $6000 cash last summer in a private sale.
Easy to maintain, easy to clean, surprisingly roomy for a car that is so easy to park, and fun drive.
The kids love it.
38 to 48 MPG depending on road conditions and traffic.
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Mostly my wife crazy.
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My cars are terrible :(
2010 Ford Fusion Sport AWD. 42k miles
~22 mpg
Bought used (20k mi) for ~22k in 2012, DH financed ~16k before we married -- current balance @ 11.7k, paying $283/mo @ 3%
2004 Chevy Suburban Z (not sure on the model, it's the off road/towing package fancypants one)
~12 mpg on a good day
Bought used (205k mi) for 3.8k in Aug 2014, paid cash.
Not mustachian at all. I have a lot of complainypants reasons for them:
- Disabled hubby is no longer allowed to drive per doctor's orders, but does not feel comfortable being home all day without an option to drive for 'emergencies' (grrr!)
- Disability is a new/evolving situation so giving lots of leeway as he adjusts
- I carpool for free to school with my aunt so Fusion's poor MPG is not a huge negative at the moment; this also means DH is actually home with 2 cars most days
- Suburban only gets driven 1-2x a week for dog/big stuff transport (we have 3 ~100+ lb dogs and while we have fit them all + us in the Fusion once or twice, its' really not safe - can you say distracted driving?!)
- We do live in a non-walkable, barely bikable area; one car is definitely necessary
If I can convince DH, I really want to downsize to one smaller SUV or big wagon that would be at least as fuel efficient as the Fusion. I was thinking Chevy HHR or Ford Freestyle but have some reservations based on reviews -- probably just have to bite the bullet and go test drive to see what I think.
Toyota 4Runner?
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2003 Chevy Impala, 280K or so miles. Not mustachian, but I inherited it, so it's at least fully paid. We intend to replace it and my wife's 2005 Sable with 2007-ish Priuses as we save enough money (car purchase #1 should be next month!)
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If I can convince DH, I really want to downsize to one smaller SUV or big wagon that would be at least as fuel efficient as the Fusion. I was thinking Chevy HHR or Ford Freestyle but have some reservations based on reviews -- probably just have to bite the bullet and go test drive to see what I think.
Toyota 4Runner?
Those were on the list prior to buying the Suburban -- thanks for reminding me! They get a bit less MPG than the Fusion or one of the big wagony things would, but I'd guess the longevity/lower maintenance makes up for it especially considering how little driving we do? My dad is a mechanic-ish and was pushing us that direction based on how long they last.
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I love seeing all the Subaru comments. I had a '97 Subaru Impreza that lasted me for five years with minimal problems (until the end). I paid $2,880 for it from a nice older couple. That was a steal! And then I sold it for $400. My poor little baby...
As for now, my wife and I own a 1990 Mazda Miata (the fun car) and a 2014 Honda Civic that we purchased brand new for $16,500. We're going to drive that Civic until it dies. It gets around 38mpg on the highway with normal driving.
Used low-mile Civics in our area were around $13,000. So I said screw it, for another $3,000 I am buying new because I want to make sure it's taken care of perfectly from the start. Maybe not the most ideal financial decision but hey, we like it. :)
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Mostly my wife crazy.
Took me a few seconds then about fell out of my chair laughing so hard.
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truly not all that Mustachian, but i am new since i only found MMM around July 2014.
my own daily isnt too bad.
2004 Saab 9-5 Wagon. manual because its badass. :D
but it takes premium fuel, and only gets about 20mpg. :(
I do however only drive about 2k miles a year... so there is that. Plus its been 100% paid for since the day I got it almost 3 yrs ago, when I traded in two cars WITH loans(and some equity) for one fully paid off car.
my wife drives a 2013 VW Jetta Wagon TDI.
good mileage at 33mpg mostly city. but diesel is expensive. and its a very nice car, too nice really. full of leather, heated seats, bluetooth fanciness, with a huge panoramic sunroof and a DSG transmission.
owned it 1 yr, financed at a great rate, but not paid off... so time to rethink this.
nearly the opposite of Mustachian really.
we DONT need two wagons. we do need a car that can carry the family however, so i need at least one medium sized wagon and SUV. 2 parents, 2 kids, 2 50# dogs... plus on the weekend grandma and another pup are often in tow.
so the plan at this point is to drop the wifes car. its still needs to be relatively new and relatively nice, since she is a bit of a complainypants. so i have been looking at newer, used small-ish hatchback economy cars in the $10-15k range... a big cut from the essentially $30k Jetta Wagon she now drives.
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When we drive, we drive our 2003 Subaru Impreza, bought used, for the princely sum of $4800 cash and transfer tax. It's our most expensive car to date. We put about 500 km on it a month, and we've spent $200 on repairs and maintenance in the year we've had it. Came with four snow tires on rims.
Before this we had a succession of Civics, all paid cash, the newest of which was a 1998 bought in 2010.
When we want to just look at a car, we open the garage. DH's first car, a 1970 Mustang fastback, sits there. It doesn't run or drive. He bought in North Carolina in 1994, drove it to Las Vegas in 1998 and from Seattle to Vancouver when we moved to Canada in 2007. It needs a bunch of little stuff to pass BC inspection, so it sat for six months and when we bought our house, it didn't start anymore. It's been in the garage since the tow truck put it there. :(
One day we'll do something about it, but I haven't been able to convince him yet. In the meantime, it costs us nothing but the opportunity to park our running vehicle in an enclosed space, which is nbd, since it rarely snows.
Mustachian? Not really, given the gas mileage, but it's utilitarian for our needs and the dogs, and we will never carry a car loan.
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Not a Mustachian car, but I only discovered the whole Mustachian thing a week ago:
2013 Rav4, paid a little less than $30K including taxes/fees - can't remember the exact total; paid cash, no loan.
35K miles on it now.
Averages 25MPG normally for me (about half city, half highway including some stop and go and some at high speed each day)
Averages around 28MPG on longer highway trips
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2006 SAAB 9-3 Sedan. Picked it up for $4k 6 months ago and spent $1k for repairs and maintenance. I was able to get it for $4k because the lady did not want to deal with maintenance and fixing a few minor things and she wanted to sell it ASAP. Crazy.
The first owner paid $28K for it in the summer of 2006.
It is the ultimate Mustachian near-luxury car in my book.
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1988 Mercedes 190E. I love it. It's older than me but in a better shape. ;)
It was a gift, but needed some repairs. I did a lot myself and/or with help from the local workshop, so I paid approx. 3500€ (cash of course) on repairs, maintenance and eight new tires over the last two years.
It's not the most mustachian of all cars, but at 12-13ct/km (including all variable costs) it's not that bad, either. Most important to me is the comfort on long-distance trips (~650km, which I drive every four to six weeks) and I really like the old-schoolness of an 80s Benz.
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2006 SAAB 9-3 Sedan. Picked it up for $4k 6 months ago and spent $1k for repairs and maintenance. I was able to get it for $4k because the lady did not want to deal with maintenance and fixing a few minor things and she wanted to sell it ASAP. Crazy.
The first owner paid $28K for it in the summer of 2006.
It is the ultimate Mustachian near-luxury car in my book.
not bad.
the window sticker from my 04 Saab 9-5 came in the manual. in 2004 with options, it stickered for over $40k... i bought it in May 2012 for $4k.
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2008 Audi A4 convertible. Bought it used, paid cash. It's not mustachian, but I love it, and it is the last car I will ever own, so I'm happy that it's one that gives me so much pleasure.
Hi fellow Audi-ite! I have an A4 as well, 2011, bought new, with cash. Think it was $42,000. Definitely not Mustachian.
I have to say, my Audi is the one thing I've purchased where my enjoyment of the item hasn't gone down much since the original excitement wore off. Damn, I like that car.
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2008 audi a4.
Bought it used in 2011 for about 25kish with an extended warranty if I recall correctly. Paid cash. Can't really say that I regretted this purchase
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Another one in the Audi camp. 2007 Audi A3 brought last year. Cost equivalent approx US$ 12,000. Had to borrow some money from my parents, but paid off within a month. Non-mustachian but really enjoy driving it.
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Oooh boy....
1984 Dodge D150 - $3500 Cash, used for pulling a trailer and making money ONLY.
2006 Honda Element - $11,000 Financed, paid off in 2 years. Used for dogs and smaller gigs. Makes money.
1996 Saturn SL2 - $1000 Cash, Daily driver. Not fancy, but decent.
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'03 Nissan 350Z with less than 80,000 miles. Not very frugal but it does average about 28mpg and I plan to keep it forever.
'99 Saab 9-5 Wagon that I got for $4k several years ago. It needed alot of TLC for the first few years but is pretty low maintenance now that I've gotten all the problems straightened out and I don't drive it much. I can get over 30mpg pretty easily and this is a fun car to drive with the suspension upgrades I made.
'14 Subaru Forester XT. Not the smartest purchase but it does so many things well. It is our family hauler that can get up to 36mpg on certain trips, will go pretty much anywhere, and has some serious muscle when you want to drive fast.
Cars are a weakness for me but I tend to keep them a really long time and take care of maintenance and repairs myself. I really considered selling the Z last year because it seems so wasteful to have 3 cars especially with my wife not working and me biking to work about half the time. I weighed it back and forth but it will only cost me a couple of months extra working to cover the cost to "buy" it now and pay for future taxes and insurance forever. I'm willing to pay that price for a lifetime of sports car ownership (bought it when I was 26).
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2006 SAAB 9-3 Sedan. Picked it up for $4k 6 months ago and spent $1k for repairs and maintenance. I was able to get it for $4k because the lady did not want to deal with maintenance and fixing a few minor things and she wanted to sell it ASAP. Crazy.
The first owner paid $28K for it in the summer of 2006.
It is the ultimate Mustachian near-luxury car in my book.
not bad.
the window sticker from my 04 Saab 9-5 came in the manual. in 2004 with options, it stickered for over $40k... i bought it in May 2012 for $4k.
Ha, see my post just above. I guess $4k is the standard price for a Saab regardless of year or model. I know I was happy to be paying 1/10 the new price for a car with 118,000 miles at the time.
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2010 Honda Fit. Purchased used with 9K miles three years ago for 14.5K. Car now has 16K miles on it.
MPG City: 23
MPG Hwy: 36
NOT happy with the city mpg. I take off slow and coast in neutral when possible. I baby that accelerator but still only 23.
I'm liking the Yaris comments. I've got too much equity in my car (according to a MMM post) so thinking of a Yaris or Scion xA.
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you can't really become mustachian unless you are willing to admit your faults, right?
I drive a 2005 compact pick-up, and I get a crappy 22mpg during the best of times. It's nearing the 200k mark.
The bad: 22mpg, i no longer need to own a pick-up
The good: I bought it used, I paid cash, I drive about 6,000 miles/year with no daily commute.
I've been looking at selling it and buying something more fuel efficient, but I keep stumbling over the fact that I would likely only get ~$4k for it, and most of the cars I would consider buying are around the $7-9k mark. Even if I doubled the fuel efficiency to 40+mpg it would take me 7-10 years to recoup the cost at $3.25/gal. We're considerably lower than that now, so the financial incentive is even less.
Still, i feel like a douche every time I have to drive it by myself.
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2007 Toyota Yaris 3-door with just over 100,000 miles. I get around 36mpg. I paid $8700 cash for it five years ago (it only had about 36,000 miles on it then, I think). I once fit a flat-packed Queen-size bed (not mattress) from Ikea in that car without even having to take it out of the box! I used to use it for a 50 mile roundtrip daily commute but now I only drive it when I need to get out of town and for the occasional lazy grocery trip.
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2005 Ford Focus sedan purchased in 2010 with about 50,000 miles on it for about $6,500 (plus we got a weird Presidents Day promo for a 'free' $500 flat screen television since we bought at a Ford dealer, which was kind of a fun bonus and we'd never have bought one).
2000 Acura TL purchased in 2012 with about 110,000 miles on it for about $7,500.
Both were purchased with our savings, no financing. The Focus replaced my DH's car from high school that had major non-fixable issues, and the TL replaced my beloved Saturn SL2 that was finicky about starting and I needed something more reliable.
I feel the Focus is probably more 'mustachian' than the TL, but I don't give a crap. I wanted at least one our vehicles to have traction control for our icy Minnesota winters, and the older model luxury cars came standard with that feature, and it's been worth it to us. I don't care about all wheel drive or whatever, but traction control has literally saved my life more times than I want to think about.
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2010 Honda Fit. Purchased used with 9K miles three years ago for 14.5K. Car now has 16K miles on it.
MPG City: 23
MPG Hwy: 36
NOT happy with the city mpg. I take off slow and coast in neutral when possible. I baby that accelerator but still only 23.
I'm liking the Yaris comments. I've got too much equity in my car (according to a MMM post) so thinking of a Yaris or Scion xA.
You can accelerate *too* slowly. That sounds really low for a Fit (and if you compare it to what other people on www.fuelly.com are getting, it is way lower than what they get for the same year model). If it isn't your driving style... I suspect something is wrong.
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2010 Honda Fit. Purchased used with 9K miles three years ago for 14.5K. Car now has 16K miles on it.
MPG City: 23
MPG Hwy: 36
NOT happy with the city mpg. I take off slow and coast in neutral when possible. I baby that accelerator but still only 23.
I'm liking the Yaris comments. I've got too much equity in my car (according to a MMM post) so thinking of a Yaris or Scion xA.
You can accelerate *too* slowly. That sounds really low for a Fit (and if you compare it to what other people on www.fuelly.com are getting, it is way lower than what they get for the same year model). If it isn't your driving style... I suspect something is wrong.
I would suspect a problem as well with that fuel economy. But I also second that you might be accelerating too slowly. The sooner you can get up to your optimal cruising speed the better (as long as you aren't revving the engine too high or spinning the tires). You'll save most your fuel by anticipating deceleration such that you can avoid using your brakes as much as possible.
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You can accelerate *too* slowly. That sounds really low for a Fit (and if you compare it to what other people on www.fuelly.com are getting, it is way lower than what they get for the same year model). If it isn't your driving style... I suspect something is wrong.
Yes, the goal (with a gas engine, diesel is different) is to accelerate at a pace that minimizes pumping losses (by opening the throttle more), yet doesn't cause shift RPMs to rise too much over the best brake specific fuel consumption number between shifts. All very challenging in an automatic since they tend to wind up the RPMs well before the ideal throttle opening is reached, but very easy in a manual. In a manual, also be wary of sliding into the WOT fuel enrichment range (as it may start below wide open throttle).
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I drive a 2002 Acura RSX that was purchased new in 2002 as a gift for going to college from my parents. 105k miles. While i love this car and want to keep it forevor; the facepunches are indeed coming. My work is 1 mile from my house and I usually drive (facepunch 1)
My wife drives a 2013 Hyundai Elantra purchased new. We owe are 9k at 2.9%. Other than the obvious new car facepunch it is pretty economical to operate.
We are thinking about having kids soon, and she is starting to hint at wanting an SUV or minivan. My plan is to be supportive but offer to save up for any future purchases in cash instead of financing, hoping that will keep costs down.
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2013 Geely CK2. Got it brand new from the dealer for about 8k dollars (price was in our national currency). Half of it – in cash, another half – from the loan. Originally loan was for 60 month's, but I paid it off in 15.
Is it mustachian? Partly. I got it new with the full package – air conditioning, ABS, electronics. Not mustachian. But for its price counting all its got – I think its OK. (When I was getting it lots of my friends said to me something like “why are you getting that cheap Chinese car? Are you poor? You should go for something like Ford, Toyota, Mazda (long list of names that costs x3 money for the same options with different brand name. I kept my mind.)”.
Its reliable, doing around 42 mpg, parts are not expensive (when I will need them, but from the moment of purchase I got zero problems with the car) – so I like it and plan to use it for long time.
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2013 Geely CK2. Got it brand new from the dealer for about 8k dollars (price was in our national currency). Half of it – in cash, another half – from the loan. Originally loan was for 60 month's, but I paid it off in 15.
Is it mustachian? Partly. I got it new with the full package – air conditioning, ABS, electronics. Not mustachian. But for its price counting all its got – I think its OK. (When I was getting it lots of my friends said to me something like “why are you getting that cheap Chinese car? Are you poor? You should go for something like Ford, Toyota, Mazda (long list of names that costs x3 money for the same options with different brand name. I kept my mind.)”.
Its reliable, doing around 42 mpg, parts are not expensive (when I will need them, but from the moment of purchase I got zero problems with the car) – so I like it and plan to use it for long time.
How is it in a crash (https://www.youtube.com/watch?v=9V2rLMLi-pI)?
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What do you drive (if you own a vehicle)?
How much did you pay, and did you finance or pay it all at once?
Do you feel your vehicle situation is mustachian?
2015 Hyundai Elantra Limited
$17,000: we paid $3000 on a credit card (the most they would let us) and the rest cash. The CC payment was just for points though, and paid off at the end of the cycle. So it was just a bonus for us, not a way to afford the car. I would have charged the whole $17k if the dealer let us!
No, the vehicle is not mustachian because I bought it new less than a month ago. I wanted some more luxury features (seat warmers and rear view camera were must haves this time around), some more safety features, and 4-doors over my 2001 Civic Coupe (of which I was the original owner). I could have made a much less mustachian choice, but I went with a budget option that met my needs and is also fuel efficient. If I keep it for 6 years, I think it will be a good choice, and if it lasts 13 like my last car, and great choice. (If this question got asked last month I would be doing much better. I had been driving the same car, with incredible fuel efficiency, which I got free as a gift, for 13 years.)
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2006 SAAB 9-3 Sedan. Picked it up for $4k 6 months ago and spent $1k for repairs and maintenance. I was able to get it for $4k because the lady did not want to deal with maintenance and fixing a few minor things and she wanted to sell it ASAP. Crazy.
The first owner paid $28K for it in the summer of 2006.
It is the ultimate Mustachian near-luxury car in my book.
not bad.
the window sticker from my 04 Saab 9-5 came in the manual. in 2004 with options, it stickered for over $40k... i bought it in May 2012 for $4k.
Ha, see my post just above. I guess $4k is the standard price for a Saab regardless of year or model. I know I was happy to be paying 1/10 the new price for a car with 118,000 miles at the time.
haha, yep very funny. sounds like $4k is the bottom of the depreciation curve for a good condition Saab. and to think when i bought the car a NUMBER of people told me i was paying too much.
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2010 Honda Fit. Purchased used with 9K miles three years ago for 14.5K. Car now has 16K miles on it.
MPG City: 23
MPG Hwy: 36
NOT happy with the city mpg. I take off slow and coast in neutral when possible. I baby that accelerator but still only 23.
I'm liking the Yaris comments. I've got too much equity in my car (according to a MMM post) so thinking of a Yaris or Scion xA.
Yours might have a problem. We get nearly 30 MPG doing almost all small-city driving.
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2005 Pontiac Vibe (same as Toyota Matrix)
Bought for $6,500 with 97,000 mi (craigslist)
Per mile car insurance ranges from $35-$70 depending on how much I drive (full coverage)
On a good month I can get by on a little over a single tank (about 30 mpg combined)
I've put $1,100 or so in minor DIY repairs and 2 new sets of tires since I got it (summer and snow). The car is an awesome "adventure" vehicle for outdoor activities with friends and my two big dogs. The utility is crazy as the rear seats fold down into a hard plastic bed. I see myself driving this vehicle for a very long time, and when it dies I'll probably buy another one.
Totally Mustaschian.
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2005 Pontiac Vibe (same as Toyota Matrix)
Bought for $6,500 with 97,000 mi (craigslist)
Per mile car insurance ranges from $35-$70 depending on how much I drive (full coverage)
On a good month I can get by on a little over a single tank (about 30 mpg combined)
I've put $1,100 or so in minor DIY repairs and 2 new sets of tires since I got it (summer and snow). The car is an awesome "adventure" vehicle for outdoor activities with friends and my two big dogs. The utility is crazy as the rear seats fold down into a hard plastic bed. I see myself driving this vehicle for a very long time, and when it dies I'll probably buy another one.
Totally Mustaschian.
How big are your dogs? Do you fold the seats down to fit them in the back? This sounds like exactly what I need! but pictures make it look kinda small
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2006 SAAB 9-3 Sedan. Picked it up for $4k 6 months ago and spent $1k for repairs and maintenance. I was able to get it for $4k because the lady did not want to deal with maintenance and fixing a few minor things and she wanted to sell it ASAP. Crazy.
The first owner paid $28K for it in the summer of 2006.
It is the ultimate Mustachian near-luxury car in my book.
not bad.
the window sticker from my 04 Saab 9-5 came in the manual. in 2004 with options, it stickered for over $40k... i bought it in May 2012 for $4k.
Ha, see my post just above. I guess $4k is the standard price for a Saab regardless of year or model. I know I was happy to be paying 1/10 the new price for a car with 118,000 miles at the time.
haha, yep very funny. sounds like $4k is the bottom of the depreciation curve for a good condition Saab. and to think when i bought the car a NUMBER of people told me i was paying too much.
When I picked mine up last summer, essentially it was an 8 years old car with 98k miles on it. The first owner paid $28k in 2006, and the second owner (whom I purchased the car from) paid $18k for it in 2009. All the receipts were in the glovebox, together with bunch of other stuff.
Consumerism is a ridiculous thing. These compact-luxury cars are built to last several hundred thousand miles with routine maintenance. Yet you see people dumping them left and right as soon as they hit 100k miles, because they "need" a new car. They sell them for the fraction of what they paid for just a few years ago. In my case, the lady who sold me the car just finished making payments.
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How big are your dogs? Do you fold the seats down to fit them in the back? This sounds like exactly what I need! but pictures make it look kinda small
93lb and 80 lb. If it's just me and the girl we'll fold the seats down and let them sprawl. If we have guests seats go up and we cram them into the back... It's tight, but perfectly fine for day trips. Everything is hard plastic when the seats are down which makes cleanup SUPER easy. It's a fantastic dog car, and I bought it with them in mind. I looked at a few similar vehicles and the vibe/matrix was the only one I considered that had a rear space big enough for the boys with the seats up.
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How big are your dogs? Do you fold the seats down to fit them in the back? This sounds like exactly what I need! but pictures make it look kinda small
93lb and 80 lb. If it's just me and the girl we'll fold the seats down and let them sprawl. If we have guests seats go up and we cram them into the back... It's tight, but perfectly fine for day trips. Everything is hard plastic when the seats are down which makes cleanup SUPER easy. It's a fantastic dog car, and I bought it with them in mind. I looked at a few similar vehicles and the vibe/matrix was the only one I considered that had a rear space big enough for the boys with the seats up.
I have a Matrix version and I can attest that it's pretty darn cavernous inside. I also test drove a Fit... same thing. Bigger inside than you'd think from it's tiny size.
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How big are your dogs? Do you fold the seats down to fit them in the back? This sounds like exactly what I need! but pictures make it look kinda small
93lb and 80 lb. If it's just me and the girl we'll fold the seats down and let them sprawl. If we have guests seats go up and we cram them into the back... It's tight, but perfectly fine for day trips. Everything is hard plastic when the seats are down which makes cleanup SUPER easy. It's a fantastic dog car, and I bought it with them in mind. I looked at a few similar vehicles and the vibe/matrix was the only one I considered that had a rear space big enough for the boys with the seats up.
Thanks! We have 2 100 lb Danes and a 70lb Weimaraner so we'd probably have to keep the seats folded all the time...which is fine because I don't drive other people much. From pictures it looks like the second row is split folding? I love the idea of the plastic too!
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Yet you see people dumping them left and right as soon as they hit 100k miles, because they "need" a new car. They sell them for the fraction of what they paid for just a few years ago.
Wow, that is a lot of driving if it takes only a "few" years to hit 100k.
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2012 Nissan Titan 4wd. Financed it and still owe 12,100 on it. I know, punch in the face. I am currently trying to get rid of it and get a used prius where I will pay cash and have no loans left but my mortgage.
Wife drives a 2011 Chevy Malibu. We financed it but I paid it off in 2 years
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I drive (ride?) a 2010 Specialized Crosstrail. Purchased for $450. I've added on fenders, a rear rack +panniers, headlight+tail-light, and a water bottle holder (1.5L capacity). I also have a trailer I use for Costco trips.
No need for one of those gas-powered machines.
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How big are your dogs? Do you fold the seats down to fit them in the back? This sounds like exactly what I need! but pictures make it look kinda small
we used to have a 2006 matrix, so i can add info here.
we had 2 50# dogs, and would add in a 25# pug on the weekends to go to the dog park.
the hatch is a bigger than you would guess by pics, but its not huge. its about 22cuft. most hatchbacks are a lot closer to 12-14cuft.
the other nice feature is that the hatch glass opens independent of the hatch itself, so slipping things in and out is easy. also for dogs, gives you a chance to wrangle them into leashes etc before full opening the hatch.
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What do you drive (if you own a vehicle)?
2012 Toyota Yaris SE (4dr manual).
How much did you pay, and did you finance or pay it all at once?
I believe I paid $15,000. It had 3,000 miles on it; now it has ~18,000 miles. I financed it completely at purchase, but it's been paid off for a while.
Do you feel your vehicle situation is mustachian?
On purchase, not so much. Now that it's paid off, yes, absolutely. It's a great little car.
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What do you drive (if you own a vehicle)?
2009 Honda Fit Sport Manual! Nothing like throwing two bikes, gear, and a friend into the car and going mtn biking. I am a Honda Fit fan.
How much did you pay, and did you finance or pay it all at once?
$6200, craigslist special! Older man who took it to the dealership every 7500 miles, looks new and runs the same. He didn't want to "bargain" with people he just wanted to help someone else out. Luckily, I was able to sell my solara (22mpg @200hp) and put that dough into the Fit (36mpg @160hp :D :D )
Do you feel your vehicle situation is mustachian?
No. No because I still have to commute by car. I am seeking a job in Colorado and then I'll work very hard to live close enough to bike to work...soon.
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What?
2003 Crown Victoria. 250k km, so 156k miles.
How much?
Canadian $2.5k + tax
Mustachian?
Yes and no. In hindsight it was the wrong vehicle. I love it.
We used to have a 2004 Civic but sadly it got 'crunched' recently, so now DW is driving the Vic to work. Not ideal.
Thing is, in Ontario, you pay tax on used cars, plus insurance on this car is really low - like, half that of the Civic.
So we're paying more in fuel, but saving on insurance, and saving from not having to buy a replacement car (Civic came first, then the Vic for when I needed a car, and then I kept it because it was not worth much and I love it... and now it's being used).
Tricky. We were looking at Corollas, Matrixes, etc up to ~$8, 9k, which after tax and wheels and snow tires would be $10-12k. Seems like just driving the Vic and spending an extra bit on fuel is the smarter thing to do in the mean time, until there is a nasty repair or my wife just can't take driving a boat to work any more :P
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2004 Tacoma. Which guzzles gasoline like a drunken sailor guzzles rum this time of year. Argh.
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You can accelerate *too* slowly. That sounds really low for a Fit (and if you compare it to what other people on www.fuelly.com are getting, it is way lower than what they get for the same year model). If it isn't your driving style... I suspect something is wrong.
Okay I will try to get up to speed faster. And mine is a Sport so have the paddle shifters that let me go manual (sort of). Will try it out! Thanks!
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2008 audi a4.
Bought it used in 2011 for about 25kish with an extended warranty if I recall correctly. Paid cash. Can't really say that I regretted this purchase
You and me both, baby.
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You can accelerate *too* slowly. That sounds really low for a Fit (and if you compare it to what other people on www.fuelly.com are getting, it is way lower than what they get for the same year model). If it isn't your driving style... I suspect something is wrong.
Okay I will try to get up to speed faster. And mine is a Sport so have the paddle shifters that let me go manual (sort of). Will try it out! Thanks!
My two cents from both me and my pop having an 09 Fit. We both get 35-36mph on the highway, however my commute involves the highway while his uses side roads - read "City" driving. I tend to average 36 mpg combined per tank that fluctuates down to 32 when i have a lot of errands to do on the side rides. While my pop gets averages 32 among all of his tanks of gas. I guess I am trying to say that your average between 23 city and 36 highway may average out to just differences in driving style and transmission. Also, I've heard that avoiding rpms above 3.5 prevents the VTEC from kicking in and thus saves gas. Anyway, take my anecdotes with a grain of salt considering the sample size of 2! :)
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Thanks! We have 2 100 lb Danes and a 70lb Weimaraner so we'd probably have to keep the seats folded all the time...which is fine because I don't drive other people much. From pictures it looks like the second row is split folding? I love the idea of the plastic too!
Not only does the back row split, but the front passenger seat drops flat too. I've hauled lumber for a fence project in it.
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I thought I posted in here already but guess I imagined it...maybe for the better? I have a 2013 Ford Focus, bought new, has 15k miles on it now, financed for 5 years, still owe about $9k on it. It was a quick-and-necessary replacement car for my 2006 Saturn Ion that didn't want to turn off one night. 25mpg in the city, 33mpg on highway, about.
I plan to have it last for at least another 8 years before probably replacing it with the same thing, or similar. But used and cheaper.
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I have a pretty non-mustachian car. 2013 Ford Focus ST. Purchased for $24k and financed for 6 years at 0%. I could pay it off much sooner, but couldn't say no to 6 years of free financing.
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2002 Toyota 4Runner SR5
Paid $17k in 2007 when it had 50k miles, its up to 130k miles now with basically $0 in nonscheduled maintenance.
I've considered selling it for $6k (a nice effective cost of ownership thus far) to improve MPG from 20 to something in the low 30s, but decided the transaction cost was too high. I'll keep the 4Runner (easily the most reliable car I've owned) until the repair cost exceeds its worth.
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2006 Honda Civic EX - Manual
Purchased new in March 06 - don't remember exactly what I paid - but put it on the CC for points, then paid it off the next month.
Been a one car family (of 4) since 2008...
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I currently drive a 1997 Hyundai Sonata that I bought for $500.
Here is the interesting part of this. I'm in the US military living in Korea with lots of other Americans who drive POS Korean cars that cost under $2000. Most of us are only here for a year. Take the same group of people and put them back in the US and the vehicle landscape is very different with lots of new F999999 trucks with the biggest wheels they can find. Admittedly the only people who have cars here in Korea are officers and senior enlisted (which is a small subset of cars on a military base back in the US).
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2008 Toyota RAV4 Sport. We bought it new for roughly $28k, cash. It has about 43200 miles on it. Like most Toyotas it's extremely reliable and gets decent gas mileage for a little SUV.
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Me: 1999 VW Bug (never again!), bought used in 2006 for about $6,000 cash.
Dh: 1996 Honda Civic, bought used in 1998 for $10,000, financed for five years but paid off in three.
I think of the Civic as Moustachian, but not my car - repairs are always fiddly and expensive, and are hard to do without expert knowledge and pricey, one-time-use tools. But I barely drive my car (2x/month on average), so that is fairly Moustachian at least.
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Now I'm in a quandary. Dh's 89 year old mother has finally agreed to stop driving, after her doctor gave her a lecture about it and threatened to contact DMV to make her take a test.
She wants to give us her car, a lovely 2008 Fit with 18,000 miles on it. Dh can't take it as his regular car. He's too tall and has back problems that flare up if he doesn't sit up perfectly straight. I've got a 2010 Corolla that is long paid off and I like very much. Dh can't drive that, either. I also have a 17 teen year old daughter...
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TaylorMade R7 9.5 degrees, stiff shaft.
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2001 Jeep Cherokee 4x4 - 150K miles
2015 Subaru Legacy - 8K Miles
Both paid for...we will never have auto debt again.
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Me - 2009 Vibe 5 speed 99K miles for $6500 Paid off
Wife - 2012 Altima bought new for $18k. Financed through her parents, and is almost paid off now. She had one before that she got new when she was 16 and traded that in after 13 strong years for a brand new one. Talk about brand loyalty. It is a good car, especially for road trips with the huge gas tank, never have to stop!
I used to have a 2010 fusion that I bought as my “first real car” after having a 1996 Olds Cutlass Ciera all through college. AWD and leather v6. At the time I was researching Vibe’s, Malibu’s and Fusion’s. I stopped into a dealership and tried out the Fusion after driving my rickety Ciera up. Hopped into the heated seats, got the Bluetooth working and I was hooked. Next thing I know I am signing on to a 5 year 100% financed car. All of a sudden I had a car I had to worry about, rather than my golf carty Ciera that I would leave unlocked with the keys in it. It added a mental burden on me. That was November 2012. June 2013 started biking to work, July found MMM, September sold the Fusion at a small loss and picked up the Vibe. My only regret is that I let the Ciera go…
Goodbye my friend….
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2008 toyota prius 115,000
2011 chevy malibu 75,000
paid for, never a car loan again
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2005 Civic LX w/ 115,000 miles. Bought for $6k cash and will keep it until it dies.
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2009 Silverado . Paid cash in 2012. It had 9000 miles on it and we paid $19,000.
2010 Pontiac g6. Paid cash in 2010. It had 11,400 miles on it and we paid $12,000.
We like to buy gently used and keep them a long time.
Mustachian?????
Most would probably say no with that big truck. We haul wood and a paid cash boat and camper with it. We camp a lot.
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Subaru Legacy 2006, bought it new when I moved to upstate NY from Chicago. My old car would not have made it through the unplowed roads, so the AWD was really helpful at those 2am drives home through unplowed roads.
I don't recall exactly how much I bought it for it, I think 23K. I bought it on a "financed plan" with 0% interest.
It was not mustachian when I bought it, but every day that I drive it, it gets more mustachian. Hoping to keep the car at least another 3 years, if not longer.
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My car: 2010 Ford Fusion Hybrid. Bought new in Jan. 2011 on clearance for cash. Average 39 mpg. I use it for my daily commute (which works out to 19 miles per day round-trip) as well as road trips when necessary.
My wife's car: 2003 VW New Beetle. Bought new in 2003 for cash. Average 33 mpg. It is the only car my wife has ever owned and she needs it because her work requires her to travel long distances throughout the state. She gets reimbursed for mileage, though.
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None, and loving it! We live in NYC and take the subway or walk :-) Even better, my monthly unlimited subway pass is paid for by my employer.
For those few times we go somewhere outside the city that we need a car for, we rent (5 times in 2014 for an average of $250 per rental lasting 4-7 days typically).
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2006 Scion xB. I love it to death. I need to do some sound improvements (it's a loud drive on the highways).
I paid cash.
Somewhere around ~11k I think used a few years ago. I'm not positive, but still have never had a car payment!
old thread I know, but eyepod. Curious how you do sound improvments to make highway driving quiter.
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2008 honda civic with 100k miles
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What do you drive (if you own a vehicle)?
2006 Toyota Prius
How much did you pay, and did you finance or pay it all at once?
It was around $12K with 69K miles on it, purchased in '13. I financed around $9K at 1.99%. I can pay it off anytime, but prefer not to since it's costing me so little compared to what my investments are making me. However, I will most likely have to pay it off soon.
Do you feel your vehicle situation is mustachian?
Most definitely. I could have gotten any number of "funner" cars, but chose the Prius since I've always liked them. Sure I miss driving with a manual trans and taking corners quicker, but I much rather take the low cost of ownership. The overall versatility of a hatch is the reason I have always had a hatch. Put the seats down on the Prius and it's amazing what you can't fit in there!
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2006 Scion xB. I love it to death. I need to do some sound improvements (it's a loud drive on the highways).
I paid cash.
Somewhere around ~11k I think used a few years ago. I'm not positive, but still have never had a car payment!
old thread I know, but eyepod. Curious how you do sound improvments to make highway driving quiter.
You can put in more sound deadening material, like Dynamat (http://www.dynamat.com/brands/dynamat-xtreme/). Also, some tires are louder than others. Or you could have a broken muffler that's really loud and needs to be replaced.
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Dynamat is heavy to do properly - you're adding a few hundred pounds to the car for a full layer, plus you have to literally remove the entire interior. It makes a huge difference, though!
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With all the car threads about fixing payment situations, I'm curious to hear what the long time mustachians are driving. So, here are a few questions.
What do you drive (if you own a vehicle)?
2002 Lexus IS200
How much did you pay, and did you finance or pay it all at once?
About 10k USD, all at once
Do you feel your vehicle situation is mustachian?
Yes and no. It is a lovely car, extremely reliable, cheap to maintain (toyota parts fit, no need to pay lexus prices) and fun to drive, and I've done >100,000km in it. It isn't fuel efficient.... But God meant for cars to be inline 6, non-turbo and rear wheel drive!
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New mustachian here. I drive a 98 Toyota Corolla. 252k kms on it. Gifted from family who bought it new. Always taken care of, needs some repairs every year but usually less than $1k total.
Love it but have problems with some hobbies its just not big enough. Putting in large tanks and equipment bags makes it groan and i barely have enough room. I'm thinking of an upgrade in cars. Maybe not a super mustachian move. But i have been watching for used ones. Its also year end so some deals are good right now. Thinking of a Mazda CX5 or Subaru outback. If anyone who has one has feedback i'd love to hear it!
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What do you drive (if you own a vehicle)?
2006 Toyota Rav4 Ltd
How much did you pay, and did you finance or pay it all at once?
I bought used for 16k and I financed I believe 9k for 4 years...car has been paid for now for nearly 2 years.
Do you feel your vehicle situation is mustachian?
Yes for me it is... it gets decent gas mileage avg 24 around town and I use for towing and other things so it is very multi use.
For the future I have my eye on a Mazda CX5.....like the Rav but would get a avg mpg around 28-29 range so would save around $500 a year in gas. Would buy use for under 16k and pay cash....I never want a car payment again.
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What do you drive (if you own a vehicle)?
2012 Ford Focus hatchback bought in 2014 @42k miles
How much did you pay, and did you finance or pay it all at once?
Purchase price $11k
I ended up buying the extended warranty so total price was around $13.
No financing, I wrote a check.
Do you feel your vehicle situation is mustachian?
Yes. If I pay real attention to how I drive I can get almost 40mpg, but on average I get around 34mpg which is a vast improvement over the Lexus I got rid of. I have had a couple of small problems with it, but the extended warranty so far has taken care of all of it. It currently has 47k miles on it, so I clearly don't drive a lot.
I'm very happy with the car, it suits all my needs. The seats lay flat in the back and I can fit a ton of stuff back there. With snow tires it is a beast in the winter. I'm hoping to get 10 years out of it (although most people think that is unrealistic).
After driving it a while, I realize I could have gotten a cheaper, older car with a little higher mileage , but it was the first real used car I had ever bought so I was cautious.
I still have a car payment because I financed my father's car (1.9%) and am making the payments for him, but that will be paid off next year. I could pay it off now, but at 1.9% I really don't see the point and want to focus on my 401k and other investments.
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2014 Versa Note.
Bought new at the end of model year sale last summer for $14,000Can cash all in, taxes and an extended warranty for another 4 years added to the original 3 year warranty. We traded in a 2007 Versa, and got top KBB value for it. No face punches - we didn't *need* a new car, but I have the beginnings of macular degeneration, and might be effectively blind in 10 years. We have watched my Mom go down this road already, and hubby was determined that I would have a nice, shiny new car for what is possibly my last car ever. The salesman did say he hadn't see anyone negotiate as good a deal as I got for that model car, and I don't think he was exaggerating. We had friends buy the same car from another dealership, and they paid thousands more.
I love hatchbacks. And the new Note gets super mileage, better than the old one, which I thought was pretty good. It's not a fancy car, but it gets me where I want to go, and I love the sapphire blue color. Our son has already called dibbs on it, should we decide to unoad it one day. (part of the reason we added the extended warranty - it's transferable to family members).
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With the old car (2006 Honda Accord @92k) gone, I've now got a 2006 Hyundai Sonata with about 45k miles on it.
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2006 Honda Pilot EX-L 4WD bought 2 years ago with 38k miles for $16k (paid cash). Now it has about 52k miles. I write off 80% of that mileage for work. Probably not the most mustachian but I don't regret it for one second. It's our main family car (two adults, two kids ages 2 and 4 and 100 lb dog). We frequently have out of town guests (about 1-2 times per month) and we use it for frequent outdoorsy adventures and road trips. Lots of room for hauling kid gear and sports equipment. Plus my husband and I work together (except I'm an independent contractor, he's direct) so 90% of the time there are no less than 4 people riding in it at one time on the way to daycare/work. I will likely downsize to a subaru wagon or similar hatchback some day when car seats aren't involved in my life any more.
My husband has a 2007 4 door Jeep Wrangler (bought brand new for cash in 2007, has about 40k miles). It doesn't get a lot of action because we use my vehicle most of the time (for the tax write-off and better gas mileage). In the last 2-3 years he's probably put 1-2k miles a year on it. He will never sell it though so 2 vehicles is how it shall be (and I'm okay with that since it's what really makes him happy).
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2013 Volkswagen Golf TDI
Paid $30K, put $17K down, financed(ouch!!) $13K over 5 years, paid off in 18 months.
If I didn't have a ridiculous clown commute, then, yes, the car would be mustachian. In Southern CA right now, diesel is running about $1.50/gallon cheaper than gas. And my lovely car, that I still think is a total blast to drive, got 46 mpg on the way to work this morning.
Like the Audi owner above, I don't regret for ONE minute buying the car - driving it is a joy.
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Mostly my 20+ year old Cannondale touring bike. It's so goddamn old and so am I, that I don't remember exactly how old it is. I believe I paid about $1k for it (a sum which was quite considerable a thousand years ago, at the time of purchase.) I consider this an extremely mustachian vehicle. In fact, I love riding this bike, even when it rains like it did today.
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2008 BMW 328i Coupé which I really enjoy...
But I also have car from my college days - 1998 Mitsubishi Eclipse with 200k miles. The question is - should I sell it? It costs me about extra hundred per year on insurance. But what really stops me is that KBB value is like $800 which I find super low for such a great car! And I'm not mentioning memories about adventures we went on together... :-\ Facepunch please!
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2009 Honda Fit.
Purchased with cash.
It is mustachian to me. Small car with more space inside than you would think. We have driven it from here to SC many times full of suitcases and dogs without feeling too cramped. Good gas mileage, low maintenance costs, and good reliability.
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1979 VW SuperBeetle convertible
$10,000 cash
Doubt it, but it does give me an early retirement hobby.
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MY14 Mitsubishi Triton GLX+ 4WD Dual Cab Diesel Manual.
Paid $29,000 Australian Pesos Cash new(plus another couple of grand in farkles in the first 6months of ownership)
Currently 17,000kms.
Wish I had gone for something about 10-15k cheaper but after having allot of costly bad luck with a series of
used cars in a row I was fed up.
Will only make close to financial sense if I keep it for a loooong time. So thats the plan.
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What do you drive (if you own a vehicle)?
2005 Honda Insight (hybrid, 2 seater, ~65k miles)
How much did you pay, and did you finance or pay it all at once?
I bought it from my parents for about $6k, which was the blue book value as of last year. I paid it all at once.
Do you feel your vehicle situation is mustachian?
Yes, because:
(a) it's 10 years old and still in fantastic shape
(b) it gets >50 mpg
(c) we're a household of 2 working adults but only have 1 car (I bike to work)
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2014 Nissan Leaf S w/QC (100% electric) and 2015 Nissan Leaf S w/QC (100% electric)
So far I've paid about -$10000 and -$7000 for them. And will gradually build that up to $13,500 each over the next 5 years at 0% interest.
It's electric, so I spend about 1 cent per mile on electricity instead of about 12 cents per mile in gas with the efficient Corolla I used to have. And there's almost no maintenance to do (no engine oil, no transmission, etc). The cars save a ton of money. Plus, with all the tax credits, I'm borrowing money at 0% and investing it.
http://forum.mrmoneymustache.com/share-your-badassity/nissan-leaf-almost-paying-me-to-drive-it/