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That article is outstanding. If you earn $50-$75K a year, you should be looking at a used Hyundai Accent, Nissan Sentra, or Scion xA.
He's worried about maintenance costs and stress for a more expensive vehicle? What about the stress of wondering if you can't make it to work because your car might shit itself at any moment? Or maintenance costs of a ten-year-old subcompact?
His method is great if you want to scrub every penny until it gleams before spending it, but enjoyment of life is worth a little more money to me, and I have no problem paying for it.
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