Driving exam today. Tempted to buy a car!

[Reef Pilot]

Biggest cost with cars is depreciation if you buy new, and leasing is even worse. So if you can buy an older, good, low mileage Toyota or Honda for cheap, you are far better off. You can save a few bucks on insurance, too, by just carrying liability, no collision. And make sure the tires and brakes are still good, too, or that will run up your after purchase price.

In my younger years, I did that, and even resold vehicles after driving them for a couple years for pretty close to what I bought them for. But you need to shop really wisely.

Just don't buy an older GM, Ford or Chrysler product...