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I have a 2010 Chevrolet Camaro and a 2016 Cadillac CTS. I have no plans to replace them, and I can't really think of many new cars that I want. If I do get a new vehicle, it will probably be a pickup truck, but I won't trade-in my current cars to get it.
Had dinner with friends last night. Yesterday his wife took her 2015 F Type convertible to the local dealership for an oil change. She only had 2418 miles on the odometer! She bought it new in 2015 but says she doesn't take it out much.
Until this past winter, we had a 2005 Dodge Durango with 147K miles on it.
Currently we have:
2016 BMW 428 hardtop convertible with 25K miles
2016 Acura MDX about 65K miles
2022 Lincoln Aviator plug in hybrid with about 3900 miles, of which about 2000 have been electric only.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
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Quote:
Originally Posted by mshultz
My vehicle is 3 years old. Yes, you reach a point on an older vehicle where something always needs repairing, even if it is minor. Also, here in the salt belt, vehicle corrosion is still a problem if you keep a vehicle long enough.
and sometimes not. (No road salt in my location)
Besides annual service (Oil change and fuel + air filters), 100k service of timing belt ($8), water pumps every 200k ($12), occasional brakes ($16)...(Live on a mtn)... few repairs needed (3m fleet mileage, nearly every vehicle is over 200k, some over 500k). Most get 46-50 mpg on free fuel. If one of my heavy
(USA) vehicles need front end work (Bushings, springs, joints...) I retire them to 'farm-use', or sell to a youngster who wants a relic to work on. I bought my first car at age 9, but had bought over 10 vehicles before I was 16. 1966 Nova SS was my first NICE car (bought on 16th B-Day for $800) It was pristine, and not very old!.
Average age... probably 30 yrs. Newest of over 38 vehicles is 1997.
Painful when traveling to put $50 of fuel in a car you bought for $35., but... I only need to fuel once every 1000 - 1200 miles. (I buy them at Towing company auctions) Locally, they were selling 600 cars / week at 3 towing companies. Cheaper to buy a 'spare car', just in case you need some parts. Often I bought them for their new tires and aluminum wheels, sometimes they ran, sometimes they didn't.
It is no surprise that people are keeping them longer. A lot of the new vehicles coming out are unreliable junk overladen with new technology that is problematic and cheap designed/made parts but yet the price is way overinflated. Full size trucks are a perfect example. Most of them are unreliable junk if you actually use them as a truck.
Ours are the following year models:
89, 95, 2002, 2004, 2005, 2014, 2016 and 2018.
They are all super reliable because I did my homework before I bought them and only the 2002 Silverado was bought new. It has 568,000 miles on it and I would drive it across the country tomorrow. The mileage on the rest range from around 45,000 miles up to 326,000. A couple are toys that just come out and get the tires lit up on nice weekends. I keep them maintained and keep them for a long time if not indefinitely.
Cars last a long time these days. In our 33 years of marriage, we always buy a new one and then hang onto them for at least 10 years at a minimum. We only get rid of them if the repairs exceed a logical amount. And in those cases, we have typically given them away for nothing to people that need transportation help in the church.
Not having car payments is life-changing.
My intention is for the Corrolla and Tacama to get us to retirement age in 11 years. Being Toyotas they probably will. My current cars:
Buick Century 22 years old.
Scion tC 17 years old.
Toyota Corolla 6 years old.
Toyota Tacoma 5 years old.
I have a '90 4Runner plus a '97 LX 450 and plan to keep them indefinitely. With the high gas prices, thankfully my yearly mileage is meager, probably less than 3K total.
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