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Reply to "After how many years of ownership did you upgrade your car?"
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[quote=Anonymous]We rent and park one of our cars on the street and the other in a tight parking spot so we're not upgrading cars until one dies or we buy a house with dedicated driveway or garage parking. We've dropped collision coverage on our 10yo car so it costs almost nothing to insure. It required $600 in service last year, but that's nothing compared to a new or newish car payment. It doesn't make sense for us to buy a new car when the old car is driven less than 50 miles a week, to and from my office. Our newer car is 5 years old and was purchased when it was 2.5 years old.[/quote]
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