New car or keep the old reliable

[Ginny]

We have an 11 Lexus convertible that was my daily commuter (1 mile, HA! HA!) My fun truck was a 04 Ford F150 that I loved, but DS needed a vehicle. We have an 08 Ram diesel to haul the travel trailer and other stuff, including dump runs, but it is not comfortable for traveling. We bought an 18 Highlander new (I loathe repairs) that I love and will keep for 100k+ miles. Our 2 motorcycles bought before retirement and 2 boats were bought after retirement, all used.

[StuckinCT]

We buy a new Suburban every 5 or 6 years as we have three kids, and lease one new luxury car. Just leased 2019 BMW 540 today, payment $790 but I don't like owning German cars off warranty and BMW basically does all the maintenance. Also, if I get in an accident, it's BMWs and my insurance company's problem. I figure a basic car will cost be $400 or $500 a month and life is short.

[thepalmersinking]

Quote:

Originally Posted by StuckinCT We buy a new Suburban every 5 or 6 years as we have three kids, and lease one new luxury car. Just leased 2019 BMW 540 today, payment $790 but I don't like owning German cars off warranty and BMW basically does all the maintenance. Also, if I get in an accident, it's BMWs and my insurance company's problem. I figure a basic car will cost be $400 or $500 a month and life is short.

Leased an Audi A6, same reason