Saturday, December 6

How Long to Save to Buy a New Vehicle?

I've kept my old Toyota after buying a new one. They are nearly 15 years apart, in terms of age! The old one was purchased in Sep.2009 but is a 2010 model, Corolla Standard CE and the new one in Aug.2025. I kept the Corolla because it has two pairs of almost new Michelin X-Ice tires and you can't travel anywhere without those in Alberta in winter. It doesn't matter how cold it is. It could be a very dangerous road even if it's only -1 ℃ (~ 32℉). For that I haven't taken the new car out. Then it hit me: I'm a loser who has nothing in life. Would this not be better to save and buy another new one just for winter? I can order it with winter tires only. I then would donate the Corolla or sell it.
What would be a good vehicle for the tough winter of Alberta? That's the question. Many might say an SUV or a pickup truck. Some might suggest an electric truck, such as Lightning. I have nothing against SUVs and trucks but I always try to minimize my costs. So I would go with something like a Tesla Model 3 or something less expensive within the next two years of so and I have to consider that:
1) I will have the same income, if not higher,
2) There will not be such a significant increase in my expenses, and
3) I remain relatively healthy to operate a motor vehicle! 
How long would it take to purchase a new Tesla Model 3 or a less expensive model, if it comes to the market as it has been the plan, in cash? If I consider the price $70,000, it would be a minimum of 23 months to make it happen, considering all the above!
I also wanted to move to a new place. This is quite big and spacious for me but I'm looking for a better place, in a better neighbourhood.
It's funny how we all plan for the things we like and I think it's good to be positive and think and plan for the things you like to do and hope with dedication and hard work we achieve it but the interesting thing is that if I was in a serious relationship, none of them would've not even come to mind or if they did, would've never been accepted my partner but she had a major say.
(Photo: One of the many amazing old vehicles displayed in the Toyota Automobile Museum in Nagoya, Japan. Unfortunately I don't know the brand but it's not hard to find. Look how spacious it is. Lovely!)

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