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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]DH and I typically buy a new car every 5 years, and keep each of our cars about 10. We figure after 10 years and about 100k miles we want something more reliable to haul around the kids. I am curious what other DCUMers do...we see some who lease and replace every 2-3 years, some replace a main car every 4 years while keeping a secondary car for 10-15. It's not a money issue for us - we typically pay all cash and don't buy anything flashy. Should we be keeping our cars longer? I am amazed that we can still typically get 40% or so of the car's original price as a trade-in 10 years later.[/quote] I don’t understand, you buy a car every 5 years and keep them for 10 years? How many cars do you now own?[/quote] Seriously, PP? Year 1 - Wife buys car Year 6 - Husband buys car Year 11 - Wife buys car, sells old car Year 16 - Husband buys car, sells old car And so on. [/quote]
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