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View Poll Results: What the max you've spent to purchase a daily driver vehicle?
$0 -$19,999 19 14.50%
$20,000 - $29,999 45 34.35%
$30,000 - $39,999 34 25.95%
$40,000 - $49,999 18 13.74%
$50,000 - $59,999 3 2.29%
$60,000 - $69,999 4 3.05%
$70,000 plus 8 6.11%
Voters: 131. You may not vote on this poll

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Old 10-04-2015, 09:15 AM   #61
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Spent $25k on our last new car 10 years ago. Considering new Toyota Highlander Ltd but I'm struggling with the $40k price tag. They have sure changed a lot they first came out!
Update: just bought a gently used 2013 Lexus RX350 yesterday for $34,000. DW will be driving it though while I continue to drive the 2005 Camry.
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Old 10-04-2015, 09:21 AM   #62
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Just realized that some on this poll spent more on one vehicle than I have on the 7 that I've purchased over the last 33 years. (OK, I can be bit slow.) Of course others have spent even less than I have. Maybe we should have a poll on total auto expenditures throughout life. Although, as someone said, without adjusting for inflation it doesn't mean a lot - just gives people a chance to pretend they're the most frugal or they are a big spender. But that's why we are all here, for the entertainment value, right?
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Old 10-04-2015, 12:11 PM   #63
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I doubt I'll ever buy a high-dollar luxury car (I know - $40k is high dollar, but I mean like the 60s+ stuff). Not sure I can justify it when there are really nice vehicles out there for half that.
I probably would if it'll get me self-driving car.

If public transpo was better, I probably wouldn't own a car.
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Old 10-05-2015, 07:31 AM   #64
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Second bracket for me, but I will probably move to the 3rd next go around. Why not? I can't take my money with me. Actually my current one was close to the 3rd bracket but I bought a demo which helped on the price.
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Old 10-05-2015, 06:29 PM   #65
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One problem I had is that this didn't say to adjust for inflation. I answered $40k to $49k, but that was over 20 years ago and was for a Corvette so it would be a whole lot more now (and, yes, it was my daily driving vehicle).

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Originally Posted by ERD50 View Post
It would be a lot of fun if Jay Leno joined the forum!

I'm a little surprised at the qty in the $30,000 - $39,999 range. I figured most here were interested in just basic transportation, as I am, and that's not hard to find under $30,000. I guess this might reflect the people who buy vehicles with enough oooomph to tow their toys? 'ooomph' doesn't come cheap!

-ERD50
Probably for most of our family vehicles we've been in that range. A lot of that is wanting certain safety features that you can only get with the highest level of options. We don't tow anything. Another factor was wanting a large vehicle so we could have 5 people in it plus have a couple of large dog crates. We haven't needed that for every vehicle but wanted it for one of our two vehicles.
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Old 01-12-2016, 09:10 PM   #66
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OP here.

Well, I did it again......stayed under $20K for a vehicle. I've been looking for about 6 weeks for a crossover SUV for my wife. I've looked at 4 vehicles found through cars.com but walked away as the dealers were not willing to seriously negotiate (cut the inflated asking price).

Then saw an ad in the Sunday paper. After going through vehicles online I immediately recognized that a local dealer had a real good price on a used 2012 Hyundai Santa Fe, average mileage! Picked it up today and real happy. Dealer must have wanted to move this one off lot!

With some research, the dealer had the vehicle listed on cars.com at $17,500. But at the dealer's website, it was $16,500. The ad in the paper had it marked on sale at $14,999. Tells me on used cars they often have a lot of negotiating room.

Now down to two minivans and the crossover.
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Old 01-13-2016, 10:08 PM   #67
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Bought good reliable used vehicles while I was going to school and paying off educational debt. But once the debt was behind me, I developed the enthusiasm for cars that were more than just transportation.

C5 Corvette $50K
Lexus SC 430 (hardtop convertible) $60K
and the most recent: Tesla $100K

I enjoyed them all, no regrets.
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Old 01-13-2016, 10:54 PM   #68
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$17k for a new Honda a few years ago.

Which I might have to get rid of, now that I can't drive due to medical reasons
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Old 01-15-2016, 07:58 AM   #69
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About 18K on a 99 loaded 3/4 ton GMC Suburban SLT in 2001 with 54K miles and 7.4 litre engine with full tow package.

Other than that never spent more than 3.5K on any vehicle. Still have the suburban, it still looks pristine. And not a garage queen either.

My 95 Jaguar was next most expensive at 3.5K.
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Old 01-15-2016, 09:10 AM   #70
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I didn't answer the poll because this was 1982 and it would have to be adjusted for inflation- but the guy I was dating at the time had a brand-new Camaro loaded with everything on order and, other than $2K coming in from selling his previous car, he had zero assets and an awful credit rating. I bought him the &%##! car. I still can't believe it. I took out a car loan for almost $9,000 and made the payments but the car was in his name. I had a good job and could afford it, but it sure was a hit to my cash flow. My only excuse was that I was almost 30 and my bio clock was going crazy. We did eventually marry and have DS, and divorced 13 years later.

Cars are not a big financial priority for DH and me. Our current two were bought used from Enterprise Rental. They're not the cheapest dependable transportation we could find, but we've been very happy with them.
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Old 01-15-2016, 09:17 AM   #71
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My last truck cost ~42K. A 2003 F350 7.3 Diesel with a plow. the next truck, a 2017/18 will be $60K+.
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Old 01-15-2016, 09:19 AM   #72
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I've never spent more than $30K on a new car - got my wife's 13 new FXT for well under $30K (thanks internet).


Everything else was around $20K or less. 2011 Ranger 4x4 (new 19K, yes it was a good deal), 09 FXT (used 18K), 04 FXT (used 14K), 02 WRX (new 22K), 02 Forester L (new 18K), 99 Forester L (used 3K ebay), 92 Dodge Dakota (new 15K), 57 Belair (used 3K), 67 Riv (used 3K).


Just recently I was looking at trading in my Ranger for a new 2015 Ram 4x4 crew cab:


Vehicle Price $43,029.00

Subtotal $31,995.00

**Trade-in Value $17,500.00

Net Trade Difference $14,495.00

Taxes $905.58

Total Price $16,012.58

and I still didn't get it....



I just can't justify spending much more than $30K on a vehicle.











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Old 01-15-2016, 09:36 AM   #73
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I'm looking forward to spending quite a lot soon.
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Old 01-15-2016, 02:29 PM   #74
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Maybe we should have a poll on total auto expenditures throughout life. But that's why we are all here, for the entertainment value, right?
I'd like to see such a poll (it would be entertaining for me to see). Some things to think about for such a poll. Daily drivers only? How about collectibles? Repairs and/or restorations cost included? How about motorcycles? Etc, etc, etc. Please be sure your $ "ranges" extend at least into a few million USD.
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Old 01-15-2016, 04:39 PM   #75
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I'm looking forward to spending quite a lot soon.
Wonderful! Do you have a make/model in mind? I look forward to hearing all about it.
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Old 01-15-2016, 06:18 PM   #76
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Until recently I'd only spent 5 figures on a car once. That was the $10,000 we paid for my wife's Saab 900 convertible about 15 years ago (we still own it). But a few months ago I dropped $28,000 on a 2005 Lotus Elise, which has been a dream car of mine for a long time. Interestingly it was about the same percentage of our income as the $10k many years ago!

My theory is that I should be able to keep the Lotus for a few years and sell it for what I bought it for. At least the prices have been gradually rising over the last few years, and they are a fairly rare car, so I hope the trend continues. So if all goes well it's really just converting cash into a different form of wealth for a few years!

My daily driver is a 1998 Saab 9000 that I paid $5,000 for about 10 years ago, and which is now worth $2,000 on a good day. So I think I can justify my toy based on that!


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Old 01-15-2016, 07:01 PM   #77
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My last truck cost ~42K. A 2003 F350 7.3 Diesel with a plow. the next truck, a 2017/18 will be $60K+.
I would be very happy with a truck like yours. Mine is a 92 F250 with a gas engine, a plow, and about 200k miles on it. I keep breaking it. Something about pushing 18 inches of snow up hills with all four wheels chained up. I paid $3000 for it but it is in the shop again. Sigh.
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Old 01-15-2016, 08:58 PM   #78
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Wonderful! Do you have a make/model in mind? I look forward to hearing all about it.
DH has his eye on something Bavarian. And I'm his chauffeur.
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Old 01-15-2016, 11:11 PM   #79
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DH has his eye on something Bavarian. And I'm his chauffeur.
How cool!! And I agree, that does sound like you will be spending a lot soon. However I understand that BMWs are very nice.
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Old 01-16-2016, 08:20 AM   #80
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Let's not count RVs, collectible, special purpose, hobby vehicles....just general daily drivers.

Edit to add: And it's not that I couldn't afford to spend more, just can't justify spending more for basically an appliance that serves a function. As long as the vehicle meets safety , reliability, utility and comfort criteria...that's what I buy. However, I fully expect to break $20K in next year or two for a replacement vehicle.
I completely agree with this approach to buying a car, and to the logic around how much to spend. Over the years I have found used cars to be very problematic, and for quite some time have bought new cars and kept them a long time. I have never paid any interest on a car, but have taken 0% financing once. A year ago, my 2006 Pontiac Sunbird, at 190,000 miles, bought for $16K, had a bunch of problems, including a bad transmission, so I decided to replace it. I considered Accord, Passat, and Malibu. After test driving them and looking at repair records, I chose a very nicely equipped Malibu for $21.5K. It was the best priced by at least $4000 and I was overall happier with it anyway. I have 22,000 miles on it now and I am still quite satisfied. It was my first car over $20K.
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