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Cars and Transportation
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] With proper maintenance cars last much longer today then years ago. There are far fewer mechanical parts today and major advances in the fluids you put into your car. The average life of a car continues to increase each year and is about 12 years now.[/quote]
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