Heres my take. I have my name on a 98 Ford Escort. Price is 2K, miles is 54,000. I'll drive it for a year or two, if it blows up its a wash. Rules for buying older used cars. It HAS to be a one owner. It HAS to have maintenance receipts. I can't see buying something for 20K, or 300-340$ a month to save 150-250$, That is depending on gas prices, the higher they go the more $ saved...
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