We’ve taken the plunge. We’ve stepped out on faith. We have dipped our toe into the murkey waters of cash car buying. As one who is philosophically done with payments on anything that doesn’t include four walls, a roof, and an anticipated appreciation value, we’ve attempted to put our money where our principles are. This diva is the proud owner of a 1996 milky-white, Nissan Quest, 7-passenger, paid-cash-for van. Hmmm…could this be a contra-diva-diction?
The purchase facilitates a new pick-up service intended to boost clientele. However, I am fascinated with just how satisfying this purchase has become. I may rumble along at a snail’s pace and anger a few grannies on their way to bingo, but payment-free driving has its advantages.
Potential dings add to the van’s vintage charm.
Friends volunteer to drive their cars on group outings.
Thieves overlook the intrinsic value and it generally remains unmolested in a fairly rough area – even when I forget to lock all doors.
Joking aside, the purchase has really set a tone for avoiding car payments entirely; including personal vehicles. Since I am not what I drive, my self-appointed diva status has nothing to do with the vehicle’s price tag. I can confidentially pull up next to a Lexus RX 450h (my dream car) at red lights with my shoulders back because any would-be car payments are building my business and not Toyota’s.
Very used-car buying is not without its lessons. Car buying, like most non-real-estate purchases, is not my strength. Being a newbie, I made a few mistakes that are worth sharing. Hopefully, you can avoid the same when you take the cash-car-buy plunge.
While this wasn’t the worst mistake I’ve ever made with money, I have a lot to learn when it comes to the cash-car-buy. Practice makes perfect…at least I hope so.