Quote:
Originally Posted by !@#$%!
no need to carry a note-- just buy another used one that's reliable and has good mileage and it's easy to repair (honda, toyota, etc). new cars depreciate the fastest in the first 2 years. you could probably get a 5 year old car for a song.
pay cash and stash all future "payments" in a car fund. you just need transportation to work-- yeah? just make sure it's not a car with flood damage 
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AGREED - paid $3000 cash for a 2001 Jeep Grand Cherokee with 160k miles three years ago and it now has 210k miles and it's running like a champ.
By rule of thumb, any car worked on due to flooding "must" be repeated to carfax as being flood damaged.