- Joined
- 14 February 2005
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Bought a new car 9 years ago and still have it. I plan to keep it until either it starts to become unreliable or I need a different type of vehicle.
Overall, this strategy seems to be working reasonably well financially so far with the only things done to it being routine servicing, new tyres, one new battery and new wiper blades. Yes there's a fair bit of depreciation on a new car, but spread over 10, 15 or 20 years it becomes a fairly small annual cost.
Reliability is a must as far as I'm concerned, hence I'm not too keen on certain well known local cars simply for that reason. Parts may be cheap, but that's not much help when you're stuck in the middle of nowhere. And I hate fixing cars anyway - it's about the only practical task I'll willingly pay someone else to do.
My next car will also probably be new, though hopefully I won't need to buy one for a few years yet. No prizes for guessing that I'm no car fanatic. It's just another machine as is the fridge and the oven - I'll get a new one when I need to, not just because it's a few years old.
Overall, this strategy seems to be working reasonably well financially so far with the only things done to it being routine servicing, new tyres, one new battery and new wiper blades. Yes there's a fair bit of depreciation on a new car, but spread over 10, 15 or 20 years it becomes a fairly small annual cost.
Reliability is a must as far as I'm concerned, hence I'm not too keen on certain well known local cars simply for that reason. Parts may be cheap, but that's not much help when you're stuck in the middle of nowhere. And I hate fixing cars anyway - it's about the only practical task I'll willingly pay someone else to do.
My next car will also probably be new, though hopefully I won't need to buy one for a few years yet. No prizes for guessing that I'm no car fanatic. It's just another machine as is the fridge and the oven - I'll get a new one when I need to, not just because it's a few years old.