So there is this Mitsubishi Outlander 2017 GT on Marketplace, in very good condition, 91,000 miles, for $8,200. And I think that I could maybe get like $3,000, $3,500 for my car. And if I ask my dad to loan me the rest, it's not that much money. So I feel like I could do a little something-something, pay him a monthly fee to pay it off. I figure if I pay 400-450 monthly I can pay it off with a year, also I don’t pay bills since I help my dad on my days off in his shop in exchange for that, since I built my apartment last year in his property.

    He had previously offered to loan me a car but I wanted to keep my 2008 Toyota Yaris until it I no longer couldn’t.

    From the pictures, it seems like the logo on the steering wheel is pretty worn off, and the seats are supposed to be black and red, but they look a little washed out. But I was thinking that if I bought a white car like that one, I would probably get red seat covers anyway. So I feel like it's a pretty good price. And seller said that on the description, that the reason why the low price is because the inside is pretty worn off. But I feel like I could do that. At least on the outside it looks brand new.

    The thing is that my car lately has been asking for maintenance at least once or twice a month, and every time it's been like from $200 to $500, so it's nothing I'm not already paying for.

    For context; I earn $330 a week, I put $40 towards an emergency fund for my son's expenses, I pay $100 for childcare, and then once or twice every month, I put $100 towards my Discover card.i currently owe 3.2k and it’s going down. I don’t overspend so I would say I am pretty comfortable since where I live is very low cost, if it weren’t for my current car expenses… I also get ebt and wic for now, I honestly just want something reliable and more spacious and comfortable for me and my son, since my car is small, a passenger in the front doesn’t fit unless they’re very short. If you have any other car ideas plz let me know.

    Should I buy this car and sell my old toyota?
    byu/throw_rancxalsn inpersonalfinance



    Posted by throw_rancxalsn

    4 Comments

    1. Can you define what this 200-500 of maintenance is? Is it basic things that are just coming due like serpentine belt, brake pads, plugs etc? Or is it things like the transmission giving out?

      I’m going to start with, don’t buy the Mitsubishi. Your Yaris will literally last until the wheels fall off, and even then some.

      Don’t get into a new vehicle while you still have credit card debt like that. Keep the vehicle you’re not making payments on, save money, and then go from there.

    2. ATLiensinyosockdraw on

      An almost 100k mile Mitsubishi is not going to be any more reliable than your Toyota. Also that $3200 CC debt is going to take you years to pay off at your current pace so you really should prioritize that first.

    3. Obvious_Wizard on

      Lots of “I feel like” going on here. No, you shouldn’t buy it. By the sounds of it you’re not going to get anywhere near 3k for your car that sounds like it’s on palliative care either.

    4. oh man i did this exact thing with a jeep at 80k miles and the transmission died like 6 months later, still paying that loan off while my 02 camry just keeps running. that toyota’s probably got another decade in it

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