Cheap (Adjective \ˈchēp\): Of little cost or value
I am stuck in the cheap car cycle.
A cheap car, as opposed to a budget or a bargain car, is not a good thing.
I bought a cheap car as I need to drive to my work which is 17 miles (27 km) from where I live and the public transport links are very bad.
I bought a cheap car because I did not have sufficient funds to purchase a nice car, and my mini is currently SORN’d and without MOT.
Here is the problem; cheap cars are not good value for money, because cheap cars go wrong.
A lot of the time it is uneconomical to repair such a car due to the numerous problems present, which means scrapping or selling the car after a while (normally when the MOT expires). But now another car is required, and funds are likely short, so what happens?
You buy another cheap car.
The new cheap car goes wrong/ requires repairs that are uneconomical to repair.
You sell/ scrap again.
You buy cheap again and the cycle continues.
The cycle needs to be broken.
I have hopefully broken the cycle with my latest purchase, a low price Honda. This car looks in good condition, has a full year of MOT and was well cared for by the previous owner and has no issues I know of (for now).
Hopefully this car will see a long service with me without costing me too much or presenting too many problems, allowing me to save sufficient funds for a better car, or to soldier on indefinitely (the preferred option as I’m fond of this Honda and I don’t like parting with or buying cars!).
“Buy cheap, buy twice” they say, well in the case of cheap cars you will buy more than twice!
Has anyone else had to deal with the Cheap Car Cycle? Any thoughts on the topic? Let me know in the comments below!
*Image royalty free courtesy of Pixabay.com