Reply to How long do you keep your car?

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[quote=Anonymous][quote=Anonymous]$1M

2018 Honda
2019 Mercedes
2021 Mercedes

We generally replace our cars every 3-6 years, depending on the car and if we really like it. More recently it's been closer to the long end with both my wife and I holding on to our cars for 6 years before replacing them.

[b]I don't drive cars until they die because it's usually a poor financial choice.[/b] I enjoy working on my own cars and just did a brake flush on the Honda this past weekend. [/quote]

A Honda can last for 20 years with only some minor maintenance.  I know because i had one.  It was still running 100% fine but I had to get rid of it because after 20 years I hated that car!  It was paid off for over 15 years, I paid NO Va property tax on it because it wasn't worth very much and insurance was incredibly cheap.  I saved a TON of money by driving that car for as long as I did.

You live in fantasy land if you think replacing your car every 3 years is a good financial decision.  Or you sell cars for a living...[/quote]

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