Persuade me to buy a Yaris!

[Kal-El]

Originally Posted by carnageehw

I don't understand this. You can save money on financing the Yaris since the 4runner is paid off?

Lets say you get a 09 yaris for 11,000, and you finance it for 3 years. That's a 305 monthly payment over paying nothing per month for the 4 runner.


If you drive 10,000k a year, you'll save 800 bucks? What about when you factor in the monthly cost of the Yaris, compared to a car that's paid off?
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You're assuming that his 12 year old 4-Runner will not need costly repairs.
At 12 years old, even being a Toyota, expensive things are going to start needing replacing/fixing. But overall, yes, a car payment is almost always more than repairs over time. Often times though, a repair easily costs $1,000 being dumped into an old car. And this can happen a few times a year.