Right now I’m driving a beater car and it is one of the best financial decisions I’ve ever made.
Why I’m Driving A Beater Car
I got the idea from Dave Ramsey’s show and then had some help from friends implementing it. I mentioned to everyone I knew that I needed a car to drive and eventually someone mentioned a car they weren’t using.
The car isn’t worth much. In fact, they couldn’t get anything for it when they tried to trade it in to buy a new car. They tried to sell it and no one would buy it. It was basically useless to them since no one wanted it. The sad little car was just sitting in their driveway unused.
I swooped in and got the car for myself. It’s a beauty with so many amazing features:
- runs fine
- missing a few details like working back windows
- no airbags (OMG!)
- painted three colors
- clearly been in multiple crashes
- dented and scratched in multiple places
- it’s an ugly car
It’s the ugliest, oldest, least safe car I’ve ever driven. I know many would draw the line at safety but in this case I’m willing to take a bit of risk. I know I won’t be driving this car forever and the lack of car payments is wonderful.
It’s also the best car because it runs fine and has had no problems so far. It gets me from point A to point B without any fuss. That’s what I need it for and that’s what it is giving me. It’s perfect!
Benefits of Driving A Beater Car
There are so many benefits of driving a beater car:
- you don’t have a monthly car payment
- it saves you money on insurance
- you don’t put extra money into keeping the car “nice”
- you can save more for a better car
- you stop caring about appearances
There are so many benefits to driving a beater that it makes sense for me to drive it at this point in my life.
My Plan For The Future
I’m planning to drive the car for the next few months and saving up to buy a replacement. I have no idea how much extra money I can pull from other things to go in a car fund, but I’m going to try. I’d like my next car to probably be in the range of $3-5k just to get something safer and with less miles.
However, this awesome beater is going to be my path to buying that new car without going into debt!
So that’s why I’m driving a beater right now. In a way it’s kind of an adventure. It’s definitely a means to an end. I’m excited to get out of the rest of my debt and eventually save up for my next car.
I’d like to save up for my next car and pay for it in cash completely. Even if I can’t hit that mark fully before this beater car bites the dust I know I’ll be a lot closer because I drove the beater for a while.