If you can afford to pay cash then take the loan and invest the cash elsewhere, and if you can beat the interest on the loan then come back to write better financial advice than this. And even if you canât youâd at least have done something interesting.
We bought a reliable car for 22k without financing. Our next car will be bought when this one dies. Itâs not necessary to have a new car every couple of years.
Honestly if someone were to have said that garbage to him 40 years ago he prolly would have called it unAmerican and communistical.
It is weird to watch the ethical scoliosis happen in real time over the decades.
Never buying a vehicle I canât pay upfront for again if I can help it. Hated those payments the first time I had to go through it. I do more real work with my 80âs era pickup than the yuppies who need their âtoy haulersâ do that sit almost twice as high. Plus, once I get the diesel swapped in and Iâm running biodiesel, I have less emissions as well. Did you know that modern American diesels are so tuned for regular diesel that they canât run biodiesel? I assume the Euro models can though.
Usually biodiesel compatibility is a function of fuel pumps and injectors, the high performance ones are $$$. I wouldnât assume Euro models are biodiesel compatible, the VW diesels werenât after the âPumpe dĂźseâ era.
I assume the euro stuff is all compatible because biodiesel is more common there and they have different emissions standards. Material wise, you just need synthetic rubbers, which have been standard since the 90âs. The tuning issue comes from biodiesel being slightly more viscous. This effects injector diameter and injector pump pressure. The ignition point is also slightly different and timing can be adjusted, but Iâve never bother. Older diesels had enough tolerance that these things never mattered much, but newer ones arenât rated for more then 20% and I havenât heard of someone whoâs actually tested that.
Itâs also less relevant as HVO based diesel also comes from veg oil and is much, much closer to regular diesel then biodiesel is.
As a pedestrian, Iâm glad not to support big bike chain lube, Iâm saving dozens of pennies annually
