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Reply to "Do you keep your car past 100k miles?"
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[quote=Anonymous]My last car was a Toyota RAV4 that finally died with 213k miles on it, 25 years after it rolled off the assembly line. The car before that was a Mazda 626 that I traded in with lots of repair issues outstanding at 237k miles on it - I can't recall how old it was. Over the years I did the calculations repeatedly on the difference in cost of ownership of an older car with yearly maintenance and repairs required v. something newer with car payments and higher insurance. Holding onto the car that I owned outright was always much cheaper. When the car needed repairs I was always able to arrange alternate transportation for the one or at most two days it was in the shop. I think it always makes sense to drive a car into the ground before replacing it, unless you are the sort of person who sees a vehicle as more than a tool but as a status symbol that somehow reflects on your character. Personally I didn't mind the reflection on me as being someone who uses a tool until it is no longer useful before tossing it in favor of a new one.[/quote]
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