Ha. I have a good job, and I don't think of myself as a "cheap" person. I just sorta like driving a beater. My wife's care is really nice and only three years old, but it's an antiseptic driving experience. A beater is nice to have when you are hauling the recycling or just super-sweaty from a run.
There are good arguments on both sides. I'm going to stick with the car, more because I like it than anything else. Maybe it will turn out to have been a bad decision. My thought is that I could spend 2000 bucks on another car that would have the same risks.