Buying a Brand New Car vs. Driving an Old Clunker

We may all love the idea of driving around a hot brand new car. You may tell yourself that you need a brand new car. We often try to convince ourselves that we need a new car even though we cant afford it half of the time. Is the payments and other expenses worth it? It usually isn't worth it. We pay the price though to have the most hot new car and all the nice luxury features that a older car wouldn't have. Most of us love the new car at first cause nothing is broken on it along with the new look and of course you love the wonderful nifty features. 

Now a few years from now or more you will probably be tired of the new car cause it isn't so new anymore and little things are starting to go wrong with it. Next thing you know the thing runs just as worse and costs more in repairs than your old clunker car at home that costs less more and has less repairs on it. Now you probably begin to hate your new car , but you still have payments on it even though you can barely afford to pay for it each month. You almost have no money left whatsoever at the end of the month cause of paying for your new hot car. So basically you are stuck with your new car unless you trade it on something else, but you will still have you pay off the previous car loan. 

You still got your old clunker car sitting at home. Your old clunker car is starting to look even more better as each day goes by cause it falls apart less and it doesn't take as much as fuel. It costs less even though it isnt as pretty as your other car.. It doesn't have the neat features in it as your other new car does. The lucky thing though is you don't have any payments on your old clunker car and its parts are cheaper to replace.