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Cars and Transportation
Reply to "Why do people hold on to cars that they never drive?"
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[quote=Anonymous][quote=Anonymous]I drive my old car <40 miles per month. It’s a 2019, I bought it new and paid it off in 2020, with my umbrella policy the insurance is $125/month. I hang onto it because the new truck in the driveway is actually my work vehicle, although it’s my daily driver. People assume I bought/own it. I could sell my old car and just buy another if my work situation changes, but I already own this free and clear and it has very low miles and should last me another decade or more easily. [/quote] I think the OP is talking about a different situation: vehicles that have literally not moved in years and could not be driven away today. My friend is like this. There is no rational nor financial justification for keeping the car as it decomposes into the soil. It's emotional. Yours is just a relatively new car that doesn't get driven much.[/quote]
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