Shiny black exterior, leather interior, siruis radio. I loved that car for about a whole two weeks. Isn’t that the way it works. You really want something. You buy it. It makes you happy and then you start paying for it. The novelty of the item wears off real quick. I was paying 377 bucks per month and was supposed to 66 payments. For what? A vehicle to get to the places I needed to go in order to make that damn car payment. That was one of the first things to go after evaluating the cost versus value. The car was a leech.
Mission strategic default commenced. I stopped making the car payments. I didn’t even get harrassed by the bank until I missed the 2nd payment. Then the phone calls began. In the past when I was late for a bill and a creditor called I became upset, aggravated, even nasty. This time it was different. There was a method to my madness. I didn’t care about the calls. I just didn’t answer. I continued driving the car for several months and even hid from the repo man. That’s right. I’m not ashamed. The time finally came and I gave back the car. Or what was left of it after being involved in an accident that resulted in a man being deported. That’s another story though.
A 2001 Saturn coup is what I now lovingly call my jallopy. It may not be pimped out and the engine may not purr. It has cloth interior and of course no sirius radio. However, I smile from ear to ear each time I put the key into the ignition. The siruis radio monthly bill…gone. No car payment. Not needing full coverage for insurance is also a financial bonus. Isn’t it funny how someone never says that they want a car that’s more than 10 years old? It’s amazing though because this car enables me to do more of the things that I want to do like garden and spend more time with my niece because I don’t have to worry about “paying the man”.
Before I end this post, I am going to answer the questions I know everyone is thinking. What happens if your car breaks down? Don’t you worry that you don’t have a warranty? The answer is, I’ll get it fixed and pay for it in cash. The 377 bucks from the payment plus the difference between insurance costs and the sirius radio savings each month add up to roughly 500 bucks per month. Times that 500 by the number of months without any repairs and it’s a win situation. I’ve had this car for 5 months without any issue. I’ll do the math for you. That’s a savings of 2,500 bucks).