# These cars don't like short 5 minute bursts, these things love to be driven and I mean for ages, higways trips espeacially.
Can you elaborate on that statement ?
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Whats your other option for a car if you bought a late model ? are you looking at $5K cars $15K cars or $30K cars for a daily driver ?
(ooops you said $20K)
If you commute an hour to work each way... theres some risks and costs.
One thing I think is missing is that some places "You are what you drive". That needs to be calsculated in to the equation. In my old neighborhood if you werent driving at least a Lexus you were either "visiting relatives" or "working there and living somewhere else". Nobody noticed a Porsche or Escalade as anything other than just a car. Thats just how it was. Period.
Had a 99 Lexus for a few years, and when I got rid of it a few years later, I sold it for half what we paid for it. You could get a small block Ebody for the difference.
Holding value is one thing but some values seem to be going up (but not for all e bodies though, a 318 2bbl car isnt going to get you 20K)
Again depending on what youd get if you got a late model,
If you got a 72, and it got 15 mpg... youd be square I think. A 70 or 71 will cost more upfront but will be worth a little more than the later years. Look at the gas mileage that latemodel SUVs and pickups get ? around 15 mpg. My '99 4Runner only get 16.
a 30 year old car isnt the most reliable thing in the world either. Sure a Honda could break down at any time too, but if you had to bet 500$ on it.... Anyway it helps tremendously if you can work on your own car.
License plates and insurance could be considerably cheap on the E body too. My plates are like 25$ a year, and I pay extra for the collector car plates. Plates on my 4Runner are over $300
My 70 383 was getting 10mpg with a bad demon carburetor. When I switched to a Holley DP, I think I was getting about 14Mpg (then the tranny went TU)