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Cars and Transportation
Reply to "How often do you replace a car?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I replace my car every 8 years. So that gives me a few years without a car payment in between purchases to save for the next car. Since I am in the car 2 HRS every day I consider it reasonable to want to enjoy the car I am in, and after 8 years I am often ready for something new/different. It's a luxury/want, but worth it to me.[/quote] I personally think the 6-8 year range is the sweet spot. Not frivolous, but not needlessly frugal. (This is assuming the buyer can afford the car of course.)[/quote] +1. I don't want to drive a car that is going to break down and leave me stranded by the road and start needing expensive maintenance. I pay cash for my cars, so it's not a car payment thing. I do find that I will drive a nicer car longer, so between that and the higher resale value, buying the more expensive care isn't as big an additional cost as it might be otherwise. [/quote]
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