Top | Newest First | Oldest First
View 5 more replies »
exexec · 61-69, C
@Thexboxoneguy1991 I like older cars because they were easier to work on and don't have so many things that could break.
Thexboxoneguy1991 · 31-35, M
@exexec yeah but its still working good
This comment is hidden.
Show Comment
grampup · 80-89, M
Don't obsess over "older." You've gotten good advice from others here already: try to keep your "older" car alive. Every year you keep it looking good and running well is another year of your life that you won't be saddled with new car payments, higher insurance premiums and high-tech repair bills. As soon as you own a car whose headlights cost more to replace than the price you paid for your old 4-wheel friend, you'll know you've broken the bonds of sensibility and have reached the outer limits.
Limit the number of "turnovers" of car ownership in your lifespan and you'll have that much more to invest in growing assets--not in wasting assets like cars and RVs. The payback: early retirement, and many years left for becoming the person you really wanted to be while you were slaving to keep up with a mirage as it recedes farther and farther toward the horizon. Just my 2 cents (maybe a tldr half-buck's worth. :)
Limit the number of "turnovers" of car ownership in your lifespan and you'll have that much more to invest in growing assets--not in wasting assets like cars and RVs. The payback: early retirement, and many years left for becoming the person you really wanted to be while you were slaving to keep up with a mirage as it recedes farther and farther toward the horizon. Just my 2 cents (maybe a tldr half-buck's worth. :)
grampup · 80-89, M
@Thexboxoneguy1991 Driving an '07 myself.
Thexboxoneguy1991 · 31-35, M
@grampup mines even newer then
grampup · 80-89, M
@Thexboxoneguy1991 The math is on your side.
Thexboxoneguy1991 · 31-35, M
@Lilymoon same here i own a 2010 dodge avenger rt sedan
QuietEd2019 · 31-35, M
Older more polluting less tech fairly basic, high mileage high tax less refined, parts will be out of production etc
ninalanyon · 61-69, T
Any age of car is fine so long as it has reasonable maintenance costs compared to the value you get from it.
icedsky · 51-55, M
More reliable than new models. Look how long its lasted.
Thexboxoneguy1991 · 31-35, M
@icedsky well my mom drives a 97 mazda protege so newer then hers
2ndtimeguy · 61-69, M
Hey if you feel safe and know our cost limitations its a good deal
lumberjackslam · 41-45, M
I have 2005 van with 230,000 miles on it so
NinaTina · 26-30, F
@Thexboxoneguy1991 still older
SandWitch · 26-30, F
Any car that's older than 8 years old is not a candidate for a trade-in allowance at a NEW car Dealership. They don't want anything older than 8 years on their lot to re-sell. Your only choice is to go to an auto wholesaler and either cash it out for it's residual value, or trade it on something just as old or older from the Wholesaler who has a lot full of old cars. That is why hanging onto a car beyond 4 years of age or 50,000 miles (80,000 kms) whichever comes first, is financial mismanagement of a depreciating asset.
swirlie · 31-35, F
@Neman1622
I actually don't think your experience has been better than mine at all, Neman! I'll just bet it doesn't actually match mine!
IF you even own a Toyota with 350,000 miles on it, then you're on your 4th set of tires, your 4th set of belts and hoses, you would have had at least 6 tuneups since the car was new and you'd be on your 4th exhaust system, in addition to being on your second transmission since statistically they don't last longer than 200,000 miles and most likely you're second engine as well because the average Toyota engine lifespan is 296,000 miles.
With all that extra maintenance expense beyond the normal servicing of the vehicle, you will have spent the equivalent of a new car's annual depreciation on that extra maintenance alone, which means you could have been driving a new car all those years for the same maintenance-free depreciation cost as running an old piece of crap for 350,000 miles. I'm surprised a smart guy like you hasn't figured that out yet.
In addition to all that, you live in the State of Maine which uses a ton of road salt every winter and if you actually own a Toyota in truth, the car's body will be totally beat from the salt by now and the vehicle won't even be roadworthy if you're still driving it.
I actually don't think your experience has been better than mine at all, Neman! I'll just bet it doesn't actually match mine!
IF you even own a Toyota with 350,000 miles on it, then you're on your 4th set of tires, your 4th set of belts and hoses, you would have had at least 6 tuneups since the car was new and you'd be on your 4th exhaust system, in addition to being on your second transmission since statistically they don't last longer than 200,000 miles and most likely you're second engine as well because the average Toyota engine lifespan is 296,000 miles.
With all that extra maintenance expense beyond the normal servicing of the vehicle, you will have spent the equivalent of a new car's annual depreciation on that extra maintenance alone, which means you could have been driving a new car all those years for the same maintenance-free depreciation cost as running an old piece of crap for 350,000 miles. I'm surprised a smart guy like you hasn't figured that out yet.
In addition to all that, you live in the State of Maine which uses a ton of road salt every winter and if you actually own a Toyota in truth, the car's body will be totally beat from the salt by now and the vehicle won't even be roadworthy if you're still driving it.
swirlie · 31-35, F
Why would you think that a 14 year old car is older?
Thexboxoneguy1991 · 31-35, M
@swirlie well some people on here say it is?