This week, I was to write 200 words on my priories when buying a car. I won’t be able to drive for another 2 years, but it is still important to think ahead.<\/p>\n\n\n\n
Here are some of the things I value most in a car:<\/p>\n\n\n\n
Price: This is one of the biggest considerations for me. I don’t really want to blow a bunch of unnessesary money on a new car, when a used one would be almost as good, for a lot less cash. Some used cars may even be more reliable than cheap new cars, because cars are becoming very cheaply made.<\/p>\n\n\n\n
Reliability: This is also a very important one to consider. If the car initially costs 4 thousand, it may not seem like much. But you have to realize that it may not be very durable, and you may end up paying another 4 thousand (or more!) in repairs!<\/p>\n\n\n\n
Gas efficiency: Another consideration that is not to be overlooked! In my situation, it would not make sense at all to buy a gas-guzzling SUV. I’m thinking about a hybrid, as they are much more gas-efficient.<\/p>\n\n\n\n
Price Depreciation: A small but still important thing to consider. Price depreciation is when the price of a car goes down over time. Now, I’m not thinking I’m going to get some supercar that keeps its value well. All cars go down in value dramatically, but some more than others. SUVs and electric cars often have higher depreciation than other ones.<\/p>\n\n\n\n
My priority is to find a gas-efficient used car that is reliable yet low in price. All I really need in a car is something that can drive me around without costing too much or needing lots of repairs. In next week’s assignment, I will find out what car make and model would be best for me.<\/p>\n","protected":false},"excerpt":{"rendered":"
Personal Finance Week 19 Assignment This week, I was to write 200 words on my priories when buying a car. I won’t be able to drive for another 2 years, but it is still important to think ahead. Here are some of the things I value most in a car: Price: This is one of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[22],"tags":[44,15,24],"class_list":["post-567","post","type-post","status-publish","format-standard","hentry","category-personalfinance","tag-cars","tag-personalfinance","tag-school"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":593,"url":"https:\/\/davidjamesgarber.com\/blog\/archives\/593","url_meta":{"origin":567,"position":0},"title":"Old Cars vs New Cars","author":"David Garber","date":"March 25, 2025","format":false,"excerpt":"Personal Finance Lesson 105 Assignment In this assignment, I'll be comparing old cars against new cars in a pro and con style essay, to decide which is better. First, we have to define what an old car is. 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I will cover the total cost of the car, the monthly payment I would have\u2026","rel":"","context":"In "Personal Finance"","block_context":{"text":"Personal Finance","link":"https:\/\/davidjamesgarber.com\/blog\/archives\/category\/personalfinance"},"img":{"alt_text":"raindrops on black toyota corolla","src":"https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/03\/pexels-photo-19581626.jpeg?fit=1200%2C802&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/03\/pexels-photo-19581626.jpeg?fit=1200%2C802&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/03\/pexels-photo-19581626.jpeg?fit=1200%2C802&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/03\/pexels-photo-19581626.jpeg?fit=1200%2C802&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/03\/pexels-photo-19581626.jpeg?fit=1200%2C802&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":253,"url":"https:\/\/davidjamesgarber.com\/blog\/archives\/253","url_meta":{"origin":567,"position":2},"title":"Henry Ford","author":"David Garber","date":"January 31, 2025","format":false,"excerpt":"Personal Finance Week 14 Assignment Henry Ford was an American industrialist and inventor. 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Ford moved to\u2026","rel":"","context":"In "Personal Finance"","block_context":{"text":"Personal Finance","link":"https:\/\/davidjamesgarber.com\/blog\/archives\/category\/personalfinance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/davidjamesgarber.com\/blog\/wp-content\/uploads\/2025\/01\/henry-ford-the-founder-of-the-ford-motor-company.webp?fit=456%2C612&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":855,"url":"https:\/\/davidjamesgarber.com\/blog\/archives\/855","url_meta":{"origin":567,"position":3},"title":"Top 5 Financial Mistakes of Newly Married Couples","author":"David Garber","date":"July 2, 2025","format":false,"excerpt":"Personal Finance Lesson 170 Assignment There are many common mistakes that newly married couples make, but these are (in my opinion) the top 5 financial mistakes: Spending too much on the wedding: This is perhaps the biggest financially related mistake that couples can make. Having an extravagant wedding may seem\u2026","rel":"","context":"In "Personal Finance"","block_context":{"text":"Personal Finance","link":"https:\/\/davidjamesgarber.com\/blog\/archives\/category\/personalfinance"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":798,"url":"https:\/\/davidjamesgarber.com\/blog\/archives\/798","url_meta":{"origin":567,"position":4},"title":"How I Would Invest $2000","author":"David Garber","date":"May 9, 2025","format":false,"excerpt":"Personal Finance Lesson 145 Assignment In this assignment, I will be breaking down how I would invest $2000 if someone gave it to me and had to keep it invested for at least 5 years. Then, I will explain why I picked my investments. 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