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Message: <blockquote data-quote="swampratt" data-source="post: 3251265" data-attributes="member: 15054">I only lost money on a couple cars I purchased.Yea One is still being driven 1995 corolla paid 6,500 for it but traded in a 1989 Escort I paid 800 for and drove it for many years put over 150,000 miles on it and it already had 125,000 miles on it..Dealer gave me $2,500 for it.My first car 1966 Mustang  paid 75 bucks ..yea sold it for much more.I hit local auctions and have got many daily drivers for 200 and under and sold them for 10x what I had in them.I may be the exception since I own my own small back yard salvage yard.My 1957 chevy 4 door took me many miles today and pulls my Pontoon 160+ miles to the lake.I have $4,500 into it.I have been offered many times more than that.Yes you can buy a car as an investment and it can be a reliable daily driver and if you do not crash it all up you can sell it for much more than you have invested into it.But you must be crafty and find deals.The 1995 corolla is the only car I ever owned that I had more than 5000 invested into it.It has saved me a lot of money in fuel costs vs driving some of my other cars I bought and sold for profit that got 1/2 the MPG.I would sure not want to buy a NEW car that got less than 30 MPG unless it was for hauling and making money and I could not use a current ride to do the same.NAAAA I would still buy an old truck and build a TQ monster big block if I needed cattle pulling TQ and would sell it for more than I had in it when finished with it. Stuck a few tweaked 455 olds engines into chevy trucks when I was younger and hauling stuff and  doing roofing.Loaded or empty those 455's would get 15 MPG with J heads A Q jet carb and HEI distributor and NO overdrive.Super reliable transportation other than the chevy rearends. I usually ended up sticking 9" ford rearends in all my Chevy vehicles.</blockquote>

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