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Money and Finances
Reply to "What item could you “afford” but don’t buy?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A new car. I’ve never bought a new car. I always think that I would like one but I don’t do it. [/quote] I’m 60 and have never bought a new car either. I just don’t care about cars enough to even want a new one.[/quote] NP- Have never bought a new car, but I like nice cars. I have a Mercedes but paid 25k for it used. I treat it very well and plan to drive it forever, as I did with the previous one.[/quote] We buy new cars, but we drive them for 8-10+ years. Last one cost me $50K, sold it 13 years later for $14K. Paid $30K for another car, sold it 11 years later for 11K. We like having new, so we don't have someone else problem (like many used cars do). And it works well if you keep cars for a long time. Financially we come out the same as someone who buys used cars---and we don't do repairs ourselves and need reliable cars for getting to jobs. [/quote] Sucker. Your hunk of metal depreciates a ton immediately after driving it off the lot. [b]8-10 years is also not very long to keep a car.[/b] [/quote] Relatively speaking, it is. I've had my car for 9 years and DH has had his for about 20 now, but most people get a new car far before the 8 year mark. [/quote]
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