Reply to Rule of thumb, when to buy new car?

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[quote=Anonymous]My totally unscientific approach is to keep a car at least a decade so long as its operating costs are lower than a car payment.  After that I try to keep it until about 140k miles if the same holds true in terms of operating costs.  I get all regular service on time, invest in anything needed to keep it roadworthy, and get it properly detailed once per year.  I drive safely, and get new batteries and tires at Costco (rotating the tires with them for free there regularly) and purchase all other needed parts for fixes from autozone.  I do not use the dealer for service after I am past warranty. I use a reputable mechanic instead but still buy needed parts from autozone when occasional repairs are needed.  Who wants to pay a markup on parts?

I drive a luxury car (purchased below market value either gently used or at the end of the year when you can get deals on “last year” models) and do all of the above, using only 87 for fuel.  I have never had a vehicle need replacing before 10-15 years doing all of this.  And my vehicles never look or drive more than 4-5 years old due to the care.

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