W2R
Moderator Emeritus
Drive your car to death, save $31,000.
By keeping your car for 200,000 miles or more, you can save the money of buying a new car. Plus: Cars that can outlast all the rest.
August 31 2007: 1:53 PM EDT
NEW YORK (CNNMoney.com) -- By keeping your car for 15 years, or 225,000 miles of driving, you could save nearly $31,000, according to Consumer Reports magazine. That's compared to the cost of buying an identical model every five years, which is roughly the rate at which most car owners trade in their vehicles.
Here's the link to the rest of the article: Consumer Reports says 'keep that car' - Aug. 31, 2007
This article sounds like it was written by someone here! I am astounded and pleased that such an LBYM attitudes was picked up by the mainstream media. It gives me something to strive towards - - I have never put that many miles on a car before selling. How about you?
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