Keep On Driving That Used Car

Lifehacker links to a neat article on saving money by driving an old car:

I recently had a talk with a friend about why I haven’t purchased a new car. He can’t understand why I still drive a 1995 Geo Prizm. I can afford to buy a new car, but I choose not to. The fact is, driving an older car saves me money!

To prove my point, I ran some numbers. I was surprised by how much money I’ve saved by driving this car for so long. [...]

Read the whole thing here.

I really like the bit at the end by the blog owner:

Though I complain incessantly about how much I want a new Mini Cooper, the fact is I’m following Joel’s plan, too. I’ll drive my Ford Focus into the ground.

I totally want a Mini Cooper.