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Reply to "How often do you replace a car?"
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[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] This is pretty much what we do. Keep them about 10 years and alternate, so we get a new car every five years or so. [/quote]
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