I admit, when it comes to cars, I am a snob. But not in the way one might assume. I am not impressed by fast cars, or the latest models; instead, I am a ‘frugal car snob’. My admiration goes to those who get the maximum number of miles from the least expensive vehicle.
My current vehicle is a 2001 Kia Rio with 220,000 miles. At the time my wife bought it, this was the cheapest vehicle on the market at just over $10k. After driving it for 12 years, she handed it to me. Since then, I have done all major work on it myself, including cylinder head overhaul, fuel tank replacement, wheel bearing replacement, A/C service, brake service, etc.. It runs perfectly, though the paint is discolored and there are a few dents.
My average cost of this vehicle is about 15 cents/mile. This includes everything, from depreciation, maintenance, repairs, insurance as well as gas and oil. Not bad, when the national average is about 50 cents/mile. That’s my automobile snobbery.