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Cars and Transportation
Reply to "How long do you keep your cars? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow you all drive some real junkers. I’m amazed by this. This is not at all representative of what o see driving around town. [/quote] Because zero car payments are fantastic. Cars are a massive waste of money. Even if you pay cash it is stupid. Throwing a huge amount of liquidity into a furnace on a depreciating asset is a terrible way to generate wealth. We drive a 2016 Mazda 3. Bought it while were poor. We make far more money now, yet keep driving it because it is paid off and it works. I just paid to fix the suspension and did a lot more maintenance. Hope it lasts another 5+ years so we don't have car payments. [/quote] The additional $1000 a month in car payments is immaterial to us. We have plenty saved. I’m not driving some crappy car. Do some of you not even have Bluetooth? Back up cameras? These seem like necessities these days. [/quote]
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