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Home Finance Finance Why I Drive A Clunker
Why I Drive A Clunker PDF Print E-mail
Written by Janson Hill   
Tuesday, 03 March 2009 11:49
As a teen, I always wondered what sort of car I would wind up with. For a while, I hoped for something at least slightly fast and sporty. I don't think I could have predicted that I would soon be getting around in a 1990 Honda Accord with over 200k miles in it. Yes, I own a beater, by any definition of the word.
by JansonHill


As a teen, I always wondered what sort of car I would wind up with. For a while, I hoped for something at least slightly fast and sporty. I don't think I could have predicted that I would soon be getting around in a 1990 Honda Accord with over 200k miles in it. Yes, I own a beater, by any definition of the word.

Yes, a beater is what I have. It works most of the time, but I never know when something is going to break. I blow coolant hoses left and right, requiring seemingly simple yet annoying repairs to get working again. My car rattles, leaks, and generally behaves poorly.

If this is the case, why I am so glad to own this car? The reason can be summed up in a word: cheap. This car gets me around everywhere I need for next to nothing. This car gets me around wherever I need to go. It has even survived a couple long distance road trips. In short, it does everything I need in a car.

Yes, my car does everything it needs, at a very low cost to me. I paid $1500 in cash for the car back when I was 16, and have been driving it for 6 years now. Even with repairs, thats just a couple hundred a year for all my transportation needs.

That's not the whole picture, of course. I have to pay insurance, which in my case is extremely cheap. I have the minimum amount of insurance required by law, which is quite inexpensive overall. This saves me even more money month after month.

Compare this to a new car. A newer car would cost me in payments, higher insurance, and more. While I would probably spend less in repairs, I still save a lot of money over time by keeping the clunker.

I realize that this approach isn't for everyone. I even wish for a better car at times, but when I think how much freedom I have in my finances because of the clunker, I smile a bit to myself and continue driving.

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