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View Poll Results: How long to keep a car ?
till it drops 65 69.15%
At 100,000 miles 7 7.45%
I trade in my car frequently 2 2.13%
none of above 20 21.28%
Voters: 94. You may not vote on this poll

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Old 01-05-2009, 05:10 PM   #41
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This is all my Mother's fault . She commented on how I should buy a new car and ever since then it's been breaking down . She probably hurt it's feelings .
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Old 01-05-2009, 05:12 PM   #42
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Our rule has been to buy new, and keep the car for 10 years. I love cars, and it's usually all I can do to hold out that long. We'll be due for a new car in about 18 months, but I recently put a fair amount of money into repairs on that car, so I may try to hold out for a couple extra years. It'll be a solid test of my willpower, for sure...
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Old 01-05-2009, 05:13 PM   #43
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There is nothing that smells quite like a new Cadillac. I refuse to cough up the bucks for one though. We want something that will last at least a decade & is good in snow.
Just get some of that New Car Smell thingy.
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Old 01-05-2009, 05:19 PM   #44
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We're a drive it till it drops family. We had our first car for so long we ended up repainting it 3 times.(snip)
I never thought of it that way, but drive it till it drops runs in my family too. My mom's car is a 1990 Mazda, my dad's is a '96 or '97 Camry, and I drove my 1980 Toyota Tercel for 27 years (and about a quarter of a million miles) before it gave up the ghost. If I hadn't procrastinated on an oil change a few years back and ruined the original engine, it might still be running today. By that time you couldn't get the engine that was made for the car any more, and the one I did get to replace the original was nowhere near as good. OTOH it had gotten to the point that every time it went into the shop it took them twice as long to find parts for such an old car as it did to do the actual repairs. If I hadn't had a mechanic with loaner cars, I probably wouldn't have put up with that as long as I did.

I donated the car to charity when it finally died, and found out later they got $100 for it, which must have been the scrap value. I plan to drive my current car until it won't go or I can't get parts. At that rate I will get through my whole life with only three or maybe four cars.
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Old 01-05-2009, 05:22 PM   #45
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Hmmm - my 2006 Chevy Equinox has had zero problems so far - 48,000 miles - puny V6 23mpg.

Everytime a big gas sucking big V8 - Z71 with big wide tires, tricked out in chrome and Tonneau cover passes me out here on the plains - I keep thinking man I am not getting any younger and being retired I could bunch some trips to assuage any MPG/tree hugger guilt.

Usually I get a grip and the wheel spinning, rubber burning vision of youth passes and I go on my way.

BTW - my old 250,000 mile 94 GMC Sonoma 4 banger five speed - WITH rusty fender is still putting around town.

heh heh heh - vehicles are still in the adult toy class - in my mind - a bicycle or scooter with a basket - if I were still flat out frugal.
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Old 01-05-2009, 05:22 PM   #46
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I've owned three cars so far:

1. Ford Escort (5 years) sold because of transatlantic move, BUT had design problems and recalls with the venturi carburetor. Fun to drive, but would not have bought another one.

2. Chevy Sprint (9 years) sold because it was just an annoying litle car. The AC broke and it would have been expensive to fix because the original design involved CFCs.

3. Honda Accord (going on 14) tires and battery replaced within the past 2 years, 120,000 miles, has had some bodywork for rust, otherwise a great car. Love it. Am trying to emotionally detach so that when a significant problem arises I will sell it without hesitation. However, if it continues to function well, I'll probably keep it indefinitely. Will not buy a new Accord because they are now too big. Planning on a hybrid: Toyota Prius or Honda Insight. Already have the cost of my next car in a high interest savings account.
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Old 01-05-2009, 05:40 PM   #47
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My only regret is I did not buy a new car last year before the drop . With what I lost I could have been driving a Porsche boxster and still have money left over for a condo on the beach .
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Old 01-05-2009, 05:41 PM   #48
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Dang - now this thread has me really going. Pre-Katrina my neighbor drove from Chalmette to Oklahoma to pick up his restored 55 T-Bird which he kept in an air conditioned garage and took out for weekend club events.

So now if being retired - if I had a heated garage - how far will I drive to to pick up that five window hot rod Ford Coupe(or other adult toy) - now that I'm retired.

heh heh heh - take the bus for groceries and save the car for fun. .
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Old 01-05-2009, 06:00 PM   #49
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I drove a Volvo for 10 years. A VW water-cooled for 16 years. My wife drove a Taurus 8 years or so. I drove an Acura 5 years and it wsa totaled. My current car is 3 years old.

If my portfolio comes back well I don't plan to drive real old cars again. It took a lot of work, and I don't have a private garage where I live now. I see that you can get a 3 year lease on a 2009 Subaru Impreza, an excellent car, for $179/mo. If you don't drive a lot, and don't have kids or pets tearing up the interior, this deal sounds close to unbeatable for what will be a brand new car at purchase, and pretty new when you turn it in.

Ha
I'm not a fan of leasing cars and wouldn't recommend it. Read the fine print on the Subaru lease. I'll bet there's money down to get to that payment plus taxes plus bank fee and anything else they can think of.

No matter what you do the math never works on leases.
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Old 01-05-2009, 06:05 PM   #50
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1994 Dodge Caravan - currently 115,000 miles
2000 Chevy Pickup - currently 85,000 miles

Both purchased new - both still run fine - still approx 20 mpg on the highway - never any major repairs.

(I still don't get all the fuss people have with American cars breaking down? OK - maybe they start rattling sooner & I've had to glue some trim parts back on, but other than a GMC p/u I had once with a lemon tranny, I can't really say I've ever had any big problems.)

The car companies have really been tempting me lately with price cuts, incentives, interest rates, etc - even went to a lot & looked at some - then came home, thought about it, & came back to my senses.

We'll continue to drive 'em both I think till major repairs start to loom.
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Old 01-05-2009, 06:07 PM   #51
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1982 Chevy Chevette - 11 years and 160k miles
1986 Honda Accord - 5 years and 96k miles - totaled in a collision
1991 Honda Civic - 8 years and 206k miles
1993 Honda Accord - 15 years and 153k miles
1997 Honda Accord - 12 years and 119k miles - still a daily driver

Yes, we drive 'til they drop.
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Old 01-05-2009, 06:18 PM   #52
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1982 Chevy Chevette - 11 years and 160k miles
1986 Honda Accord - 5 years and 96k miles - totaled in a collision
1991 Honda Civic - 8 years and 206k miles
1993 Honda Accord - 15 years and 153k miles
1997 Honda Accord - 12 years and 119k miles - still a daily driver

Yes, we drive 'til they drop.
Is that mileage right? If so, you were doing a LOT of driving in that baby! Over 25k miles per year over the life of the car.
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Old 01-05-2009, 07:06 PM   #53
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I like till it drops. Rarely do I make that far without someone plowing into me and totaling my vehicle. Settling with the adjuster today lets hope hes still in the Christmas spirit
I didn't know that the local mob has branched out into facilitating buy new cars.
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Old 01-05-2009, 07:07 PM   #54
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Current Car - 1998 Subaru Forrester with 185K miles
I hope to get a couple more years on it.
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Old 01-05-2009, 07:18 PM   #55
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I'm not going to get rid of mine until the repair costs begin to exceed the nominal interest (say 5%?) of the purchase price of a new one. So for a $30k vehicle, I'll wait until repair costs for a single vehicle exceed $1500 annually. Otherwise, I'm better off to keep the $30k in investments. Right now my 2000 Jeep Grand Cherokee has 140k miles, my 2001 Corvette has 57k, and DW's 2001 Acura has 105k. I can see sticking with these for a long time.
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Old 01-05-2009, 07:37 PM   #56
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I'm not going to get rid of mine until the repair costs begin to exceed the nominal interest (say 5%?) of the purchase price of a new one. So for a $30k vehicle, I'll wait until repair costs for a single vehicle exceed $1500 annually. Otherwise, I'm better off to keep the $30k in investments.

Thanks , I think I'll also use that gauge !
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Old 01-05-2009, 07:41 PM   #57
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Just out of curiosity why would you be interested in a Highlander instead of say a Rav4. I figured a Highlander was just for those who needed a third row.
A Rav4 interests me, too. I don't need a third row (or even a second row, really). It would be nice to have lots of space for stuff, though. I haven't actually seen the inside of a Rav4, but thought it might be smaller. I'll take a look at one when the time comes.
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Old 01-05-2009, 08:02 PM   #58
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The last car I had I drove for two years after it dropped. I blew the head gasket and it would have cost more than the car was worth to fix so more and more stop gap and oil was added and I ended up trading it for $1000 gift card to a hardware store.

I assume they got the card in exchange for drugs since the government can't currently track gift cards.
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Old 01-05-2009, 09:16 PM   #59
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Is that mileage right? If so, you were doing a LOT of driving in that baby! Over 25k miles per year over the life of the car.
100 miles per day commuting, plus weekends and trips.

I just bought a brand new 2008 Honda Civic Hybrid on 12/31/2007 and had 26,600 miles one year later.
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Old 01-05-2009, 10:11 PM   #60
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My only regret is I did not buy a new car last year before the drop . With what I lost I could have been driving a Porsche boxster and still have money left over for a condo on the beach .
LOL! I scored on a bank-owned condo. Then I realized that I lose more than the condo cost.

Shoulda bought that nice Audi A3 with 25k miles on it. I get to show up to social events without having to explain why I'm driving an old van.
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