'87 Celebrity 2 door sport v6 3.5l (paid $1,000 sold for $1,000)
'95 Beretta 2dr 4cyl 2.2l (paid $4,500 put $500 set of tires/rims sold for $500)
'99 Silverado LE 4x4 v8 5.3l (Paid 10k, sold it back to pops for 10k, then he sold it for $1,000 on its last leg.)
'03 Suzuki Marauder 800cc Cruiser w/Saddle Bags and windshield (was shared with DF Paid $3,700, Pops totaled it out and insurance paid him $4,500. Had some loud cobra pipes.)
'11 Silverado All Star Edition LE 4x4 v8 5.3l (Paid 25k for it, sold it for $24k.)
'05 Honda Accord 2door 4cyl 1.8l (only owned for a year as a Maui beach cruiser. Paid $4,500 sold it for $4,500 and it died on the side of the road a week later without a title transfer whooops.)
'13 Camry LE 4cyl 2.0l (was shared with DW 1st small vehicle loan ever, paid $15k for the car, sold it for $3,800.)
'14 Silverado LE 4x4 v8 5.3l (Paid 36k after tax, title still driving it at 105k miles. 2nd time we took a small loan out.)
'17 GMC 2500HD Turbo Diesel V8 6.2l (shared with DF paid $42k tax after tax/title)
'22 Camry SE 4cyl 2.0l (shared with DW paid $28k financed a small amount, still owe like $5k @ 1.9% apr)
Been driving for 27 years. Same for DW. If you add in the three other cars she owned (bought and paid for by her grandma, and dad she ended up selling her '04 Monte Carlo for a profit knowing it was going to need head gaskets)
So it looks like in my life, I've spent about $104,151 on vehicles, and we still own 3 of them. If I had to guess they are probably worth a combined $90k right now.
So between DW and I we really have only spent $14,151 total net after re-selling.
If Pops would have game me my half of the insurance money for the totaled motorcycle, we are at less than $12,000 for a combined 53 years of total driving.
$226/year on average in vehicle acquisition costs for both of us. Not too shabby.
In 7 years my son will begin driving so we might need to re-evaluate at that point.
I do a lot of my own mechanical work. Being very in tune with our vehicle costs and maintenance has helped us become millionaires.
Buffet is infamously known for driving his older cars. So why not us?