Reply to Where does this notion come from that wealthy people don't drive nice cars?

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[quote=Anonymous][quote=Anonymous]I don’t believe any of the people saying they’re rich and driving a 20 year old car.

Sure, I believe rich people are buying Subarus and Hondas. They might just not be into cars. The only reason to buy a luxury car is if you like it and you want to. But from a utilitarian perspective, there’s no reason. Personally, I just don’t want a bmw any more than I want a Toyota as long as the trim package is nice. I mostly care about how it feels to sit in it and weird stuff like if I like the seat controls.

[b]But a 20 year old car is work![/b] Taking cars in for maintenance is a pain. And it wouldn’t have CarPlay even. That makes no sense. Cheaper newish cars, yes. A 20 year old car you have to love or why bother.

[/quote]
Not necessarily.  I have an 18 year old Toyota with over 200k miles and it's not more work than any other car.  I take it into the local shop every 5k miles for an oil change and that's pretty much it, unless I need new brakes or new tires.  Every couple of years or so something else needs to get fixed, but not very often. Honestly it spends less time in the shop than my spouse's new cars.  It just keeps going and going, and I don't spend any time whatsoever worrying about dings or kids spilling stuff in the back.  It's less mental energy for me than a new car would be. Once it gets to the point that I'm spending a lot of time and money on repairs, then I will get a new car - but we're not there yet.

Not uber-rich, but NW of a couple million.[/quote]

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