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most cost effecient


SeanAugustus

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Hell, they give away new cars......... All you have to do is go in, sign a paper or two and take off. Oh, and they send you alil book with coupons in it, its just alil ole bill--not much. Just give that to Rusty, let him take care of it and see if he'll put it on his insurance and there you go, new car NO bills. THANKS RUSTY! :D

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Actually it is more of what you want.

If the mitsubishi is paid for.......

 

If you spend 2000.00 for a "good" used engine and put it in yourself, even if you get a loan to do so. It will probably be about 150 a month and be paid off in about 18 months.

If you buy a new vehicle, you have to carry full coverage for 4 to 6 years and have a car payment of about 350.00 plus insurance. Believe me it is a long time to be making payments.

Of course, with the used engine you take a chance it will last a long time. Fix your current car and put off buying another for a while or buy another now.

 

More cost effective to repair rather than buy new.

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There are a lot of new cars on the market for around $200 per month. It may not be what you want right now, but they have warranties and are very dependable. Fixing a used one is a waste of time and money. You can get a brand new Toyota Camry for $229 per month. Everytime you turn the key, it starts and is a cool looking long lasting dependable car.

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You need to decide whether you want to look at short trm or long term expense. Everyone is making good points. But it seems that nowadays everyone thinks in terms of what's the monthly payment rather that what does it cost. Yes you can buy a new car for 200 a month, you will be upside down on the loan pretty much for the first 60-75% of the time or more. At the end of the note you will have a car that's worth very little resale and is paid for. Flip side is putting another motor in a used car that is in otherwise decent shape will usually lead to having a decent car that is worth more than you have in it and will be paid off sooner. Just some thoughts.

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All you guys are making very good points. Car is actually in very good condition. However 350 plus insurance LMFAO I wish, Try 540 a month plus insurance. Im car will be paid off in the next year and a half. Im leaning towards new motor rather than new car. But advice is always welcome.

 

 

sean B)

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