Why You Should Drive a Clunker

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I have always driven clunkers, much to the amusement of friends and family. I've never seen the point in buying a car that depreciates the moment you drive off the lot AND requires a monthly payment to keep.
My '78 Jeep Wagoneer doesn't get great (or even good) gas mileage, but I only drive 60 miles per week on average. In spite of it's engine size it runs cleaner than most new vehicles, and it costs next to nothing to insure. I'd trade higher fuel costs for a $250 car payment and accompanying higher insurance rate any day, and since I can do most of the necessary maintenance and repairs myself it's a deal.

Kali of UT 10:13PM August 20, 2010

In 1993, I bought a new Toyota Camry and BMW 25i. The Toyota has 180,000 miles on it and still looks like new and drives like new. It gets 27mpg so it did not qualify as a clunker. This was the first year it needed any repairs other routine maintenance. Because of its age it has no resale or trade in value. As I result, I have no collision coverage and insurance is dirt cheap. Because of its age, the annual license fee is about $50. I feel the car is completely reliable for long trips, but they invented cell phones after the car was built, and I can get my first tow anywhere.
My 1993 BMW 25i, with 117,00 miles looks better than the new models. I still goes to 60 mph in about 6 seconds, and 28 mpg on the hwy. It costs about $60/yr to licence, and insurance is minimal without collision coverage.
I'm 78, and by the time one of the above cars has to be junked, one car should be enough for me and my wife.

wmcoverdale of CA 2:23PM August 17, 2010