New or Used : Care Free? Or Car-Free?

Steven Lang
by Steven Lang

1999 Buick Century: Where Automotive Novocaine Meets Ambiguous Androgyny.

Dear Steve,

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?

Steve Says:

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.

Steven Lang
Steven Lang

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  • Packardhell1 Packardhell1 on Mar 18, 2014

    I will go against (most of) the grain and say to get rid of it. It may have memories, but it will end up being your financial responsibility and will be yours to insure, repair, tow, etc... I ended up sacrificing our 2nd vehicle so my wife could stay at home with our infant (she is now 8 months old). I bought a nice bike ($500 for the bike and accessories, like a rack and lights), and I ride that to work. I built a small trailer for it in case I need to haul anything too big for the rack or my pannier. I take the city bus when the weather is crappy or if I need to get home faster than biking would allow. In your position, with everything in reach, and knowing what I know now about debt and loan payments - save up until you can pay cash for a nice vehicle, and buy a car when you actually NEED a car. I fell for the idea that I needed two vehicles, that I couldn't live without them. I didn't want to give one up, but financial hardship forced it and I've been happier for it. So, it sounds like you know what your priorities are. Ditch the car, don't spend your money maintaining/insuring/keeping something you don't need, and you will be much better off for it.

  • Jim brewer Jim brewer on Mar 18, 2014

    I actually bicycle commuted for a little while--I realized it was cheaper and easier to lend my car to my kid for the summer while I bicycle commuted. You know what? One of the biggest savings was gym fees. My commute was probably about an hour total, but it was plenty of exercise overall, and when I arrived home in the evening maybe 20 minutes after I would have with the car---I was done. Anyway, the young man could rent a zip car about twelve half days for what his insurance alone would cost him for six months.

  • Arthur Dailey The longest we have ever kept a car was 13 years for a Kia Rondo. Only ever had to perform routine 'wear and tear' maintenance. Brake jobs, tire replacements, fluids replacements (per mfg specs), battery replacement, etc. All in all it was an entirely positive ownership experience. The worst ownership experiences from oldest to newest were Ford, Chrysler and Hyundai.Neutral regarding GM, Honda, Nissan (two good, one not so good) and VW (3 good and 1 terrible). Experiences with other manufacturers were all too short to objectively comment on.
  • MaintenanceCosts Two-speed transfer case and lockable differentials are essential for getting over the curb in Beverly Hills to park on the sidewalk.
  • MaintenanceCosts I don't think any other OEM is dumb enough to market the system as "Full Self-Driving," and if it's presented as a competitor to SuperCruise or the like it's OK.
  • Oberkanone Tesla license their skateboard platforms to other manufacturers. Great. Better yet, Tesla manufacture and sell the platforms and auto manufacturers manufacture the body and interiors. Fantastic.
  • ToolGuy As of right now, Tesla is convinced that their old approach to FSD doesn't work, and that their new approach to FSD will work. I ain't saying I agree or disagree, just telling you where they are.
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