I just graduated from college this past December and found a wonderful job at my old alma mater.
The good news? I can walk to everywhere I need to go. My work, two nearby parks, the supermarket, and to most of my friend’s apartments and townhouses. I’m living an ideal life at this point.
Which brings me to the big question. Do I even need a car?
I have inherited a 1999 Buick Century with about 130k miles that my parents bought brand new.
I HATE this car with a passion. Every time I drive it, I think about quarters shooting out of the tailpipe and onto the oncoming traffic. This year alone my parents spent nearly $2000 trying to keep this money pit on the road.
They want me to keep it, but I don’t want it within 300 square miles of my daily life. What should I do?
Lao Tzu had a wonderful saying when it came to these types of situations.
“When in doubt, do nothing.”
You don’t know what the future holds. So I wouldn’t get rid of the car just yet. At the same time, you don’t need to add a lot of unneeded expenses in your life. So I’m going to encourage you to re-allocate some of your funds so that you get the
maximum pleasure minimal level of misery from owning this joyless machine.
First, see if you can get an auto policy that will offer a reduced rate for less driving. Preferably one with either a 5,000 mile limit or a 2,500 mile limit. This will save you a nice chunk on your insurance costs, which is a big expense for most folks in their 20’s.
From there you should take some of those savings and invest in a car cover.
The advantage of using a car cover is that…
1) It becomes a bit of a pain to constantly put the cover on and take it off. Therefore when you’re on that fence between either driving or using some alternative motor-free transportation, you’ll opt for the later.
2) A car cover enables you to avoid spending money on giving exterior care to a car you no longer use. It also helps you avoid wear issues such as faded paint, peeling dashboards, and other cosmetic wear items that result from a car that sits in the sun for far too long.
3) This may be a bit anecdotal. In my own travels, I have found that buyers don’t negotiate as much when you use a car cover and keep the car in good running order. A car dealership can’t pull off this trick with their inventory. However enthusiasts and non-enthusiasts are frequently able to offer a halo of extra care and value to their rides when they use a car cover.
I would change the oil once a year, keep an eye out for leaks, and drive it once every two weeks or so. Even if you don’t want to. Just find a good excuse.
Maybe you will use ye olde Buick Century, or maybe not. But at least you’ll be able to keep this unwanted car out of sight and out of mind. At least until your lifestyle changes, which it will. Trust me.