How many miles/years do you keep your car?

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Alexa9
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How many miles/years do you keep your car?

Post by Alexa9 » Fri Oct 13, 2017 1:59 pm

I know this has probably been beaten to death but I'm still interested in it. :)
If you buy used how old/miles do you generally buy and what age/miles do you sell it on average?
If you buy new, how many miles/years before you sell it?
If you lease, please ignore this thread.
What is your rule of thumb when a car gets to be too old?

Accrual
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Re: How many miles/years do you keep your car?

Post by Accrual » Fri Oct 13, 2017 2:04 pm

Bought my car last year. 28k already. I drive a lot!

soccerrules
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Re: How many miles/years do you keep your car?

Post by soccerrules » Fri Oct 13, 2017 2:08 pm

of the used cars I have bought in the last 10+ years they have ranged from 4yrs/30K miles (parent) to 6yrs/70K miles (16 yr old).
I have not sold any of them.
I plan to hold them until the cost to repair outweighs taking that money and putting toward a newer used one.
I am guessing my threshold to replace one over reparing is over $2K. That applies to 3 of the 4 cars I currently own.
Don't let your outflow exceed your income or your upkeep will be your downfall.

jebmke
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Re: How many miles/years do you keep your car?

Post by jebmke » Fri Oct 13, 2017 2:10 pm

My car is 10 years old. It is a swing-gate small SUV that has been replaced with a lift gate style. I will keep this until it starts throwing wheels into the swamp.
When you discover that you are riding a dead horse, the best strategy is to dismount.

JohnFiscal
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Re: How many miles/years do you keep your car?

Post by JohnFiscal » Fri Oct 13, 2017 2:11 pm

Based on my experience with last few cars, I lose interest in keeping them much longer than 10 years or so (having bought them new). This is based on the deterioration of the interior due to sun, heat, cold, etc. (usually the bodies look just fine), and hours driven (versus miles) ...low mileage in Houston heat/traffic was very wearing on the cars.

My current car is a 2011 Volvo (bought new in May, 2011) and will hit 40,000 miles in the next few days. It's pretty much like new in all regards. But again I might not keep it beyond its 12th birthday.


ETA: I am tempted to buy a $3,000 small pick up truck for retirement usage. Drive to Home Depot, etc. That would surely have years and miles on it.

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flamesabers
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Re: How many miles/years do you keep your car?

Post by flamesabers » Fri Oct 13, 2017 2:17 pm

I'm currently driving a 2007 car that I purchased back in 2008. At the time of purchase, it had around 33k miles on it. As of late the mileage on it is about 88k.

I have no plans to get a different car anytime soon. I have no rules on replacing cars just because they are x years old or have been driven for x amount of miles. So long as my car functions and the maintenance cost isn't unreasonable, I see no reason to replace it. For me a car is simply a convenient means of transportation. I don't care about driving the latest model or having the newest gadgets inside of my car.

GoldenFinch
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Re: How many miles/years do you keep your car?

Post by GoldenFinch » Fri Oct 13, 2017 2:19 pm

My car is eight years old with 71K and looks brand new. :happy

Husband’s car is 10 years old with 240k and looks like it’s been around the block a bit. It has a lifetime warranty because he bought it new (and dirt cheap) in 2008 when cars were on super sale. The warranty turned out to be a great deal. Even replacing the transmission was only $100.

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Conch55
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Re: How many miles/years do you keep your car?

Post by Conch55 » Fri Oct 13, 2017 2:26 pm

I drive a 14 year old Toyota 4wd Tacoma with 138k miles. Runs okay and is still capable enough for an off-road drive down the beach. I have considered replacing it with a newer version but don't see a compelling reason to do so. DW has a Honda Accord which we use for road trips but it is closing in on 8 years/110k miles. Both have been reliable. Most likely we'll replace the Honda first.

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lthenderson
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Re: How many miles/years do you keep your car?

Post by lthenderson » Fri Oct 13, 2017 2:34 pm

Alexa9 wrote:
Fri Oct 13, 2017 1:59 pm
If you buy used how old/miles do you generally buy and what age/miles do you sell it on average?
I generally start looking for used Hondas, Toyotas, Subarus at around 100,000 to 120,000 miles. Generally I get rid of them when they have 200,000 to 240,000 miles on them. Back 'then', they rusted out and getting rid of them meant driving them to the junkyard and leaving the keys.
Alexa9 wrote:
Fri Oct 13, 2017 1:59 pm
If you buy new, how many miles/years before you sell it?
The last couple decades I have bought mostly new vehicles. My Honda Civic (first new vehicle I bought) is 20 years old and still runs like a top. The 07' Odyssey got totaled in a hail storm and needed $1200 worth of new struts put in it (Had 140,000 miles on it) otherwise I would still have it. The 15' RAV4 and 17' Sienna both of which I bought new I still have. I probably won't sell any of them in the foreseeable future. They will probably be handed over to the kids when they reach driving age and we'll get something new.
Alexa9 wrote:
Fri Oct 13, 2017 1:59 pm
What is your rule of thumb when a car gets to be too old?
There isn't any rule of thumb. The cheapest cars I've ever owned have been used cars that others have deemed to old to drive. Several used cars I bought, drove for several years and sold for the same price I purchased them. Of the new vehicles I have owned, the 20 year old Civic has been the cheapest to own simply because I'm still driving it and it doesn't show any signs of ever stopping.

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wander
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Re: How many miles/years do you keep your car?

Post by wander » Fri Oct 13, 2017 2:34 pm

For me, a car gets too old when its interior is messed up ( dirty, worn out, ... ) that I feel shamed letting people ride with me. I do not care about exterior much.

runner3081
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Re: How many miles/years do you keep your car?

Post by runner3081 » Fri Oct 13, 2017 2:36 pm

Car 1 -
Purchased with 90K miles (car was 14 years old when purchased), 4.5 years ago. Has 122K now. Goal is to keep until 200K

Looks good, some minor issues with door latches and bumper paint failing.

Car 2 -
Purchased with 92K, 3 years ago (car was 9 years old when purchased). Has 115K now. Goal is to keep until 200K

Looks like a disaster. Front bumper is zip tied, clear coat is falling off, ripped seats, etc.
______________________________
Though goal is 200K, will replace either car when major repair comes up. Think tranny or engine failure >3K. Will never replace based on looks.

Next car will be electric.
Last edited by runner3081 on Fri Oct 13, 2017 2:46 pm, edited 5 times in total.

mak1277
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Re: How many miles/years do you keep your car?

Post by mak1277 » Fri Oct 13, 2017 2:39 pm

No rules or guidelines. I buy a car and drive it until it dies pretty much. Over the years that has run from as little as 80k miles to as many as 150k

letsgobobby
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Re: How many miles/years do you keep your car?

Post by letsgobobby » Fri Oct 13, 2017 2:40 pm

No plan per se, but historically our vehicles got donated or sold when they had between 12-16 years and 225k-250k miles.

My current vehicle has 11 years and 175k miles. It burns some oil but is very reliable and drives well, so I plan to keep it another 3-4 years (up to 60k more miles) if possible.

Teague
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Re: How many miles/years do you keep your car?

Post by Teague » Fri Oct 13, 2017 2:43 pm

2003 Ford Explorer 215,000 miles. Bought new.

1999 Corvette, 150,000 miles. Bought used at 124,000 miles.

No plans to sell either one.
Semper Augustus

thangngo
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Re: How many miles/years do you keep your car?

Post by thangngo » Fri Oct 13, 2017 2:44 pm

I only buy used car.

My first car was a '98 Camry LE V6, 29k miles used. Bought at $9k cash (a new model would cost $18k at that time). I drove it for 13 years. It was around 225,000 miles.

My second car is a '12 Camaro LT1 RS, 15k miles used. Bought at $20k cash (a new model would cost $32k at that time). I've been driving it for close to 5 years. It's around 90k miles now. I intend to drive it for 5 more years or until 175k miles. This car drives much better than the Camry. The enjoyment that I get from driving this car is invaluable to me.

I also have a spreadsheet keeping track of maintenance schedule, expenses, insurance cost, miles driven for business/travel, etc. It gives me a good reference point when I'm ready to buy/lease another vehicle. Funny thing is that the '98 Camry got more visits to the repair shop more than the Camaro. I guess the reliability/durability for newer cars has improved significantly. Or maybe the Camaro has not been in that stage yet.

My next car might be a used Cadillac/Lexus/Acura. Or it might be a EV if it's cheaper to buy and operate than ICE car.

head gamez
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Re: How many miles/years do you keep your car?

Post by head gamez » Fri Oct 13, 2017 2:50 pm

I don't really have any rules - except I never trade anything in.

We currently have a...
2001 Chevy Silverado 3500 Dually, Duramax Diesel. I just purchased it about 3 months ago for a really good deal. It has 144k miles on it. Still looks excellent inside and out and is in great mechanical shape.
2002 Chevy Silverado 2500HD Duramax Diesel. I purchased in in 2010 with 85k miles on it. It now has 115k miles, looks great, and gives no issues.
2004 Chevy Trailblazer. Bought New. It now has 200k miles on it. Still looks good, but I did just rebuild the transmission earlier this year.
2008 Honda Fit. Bought New. It now has just under 300k miles. Still looks good and gives no issues.

Quickfoot
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Re: How many miles/years do you keep your car?

Post by Quickfoot » Fri Oct 13, 2017 2:54 pm

Modern car powertrains should go 200,000+ miles without major problems, Trucks tend to last 50K or so miles more than cars. If they've been maintained there's no reason to sell a highly reliable model car until well over 150K miles. My truck is 14 years old, 115K miles and we'll probably keep it another 5-10 years.

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vitaflo
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Re: How many miles/years do you keep your car?

Post by vitaflo » Fri Oct 13, 2017 2:55 pm

Always buy new, sell when 10 years old or 150,000 miles, whichever comes first.

Broken Man 1999
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Re: How many miles/years do you keep your car?

Post by Broken Man 1999 » Fri Oct 13, 2017 3:02 pm

head gamez wrote:
Fri Oct 13, 2017 2:50 pm
I don't really have any rules - except I never trade anything in.

We currently have a...
2001 Chevy Silverado 3500 Dually, Duramax Diesel. I just purchased it about 3 months ago for a really good deal. It has 144k miles on it. Still looks excellent inside and out and is in great mechanical shape.
2002 Chevy Silverado 2500HD Duramax Diesel. I purchased in in 2010 with 85k miles on it. It now has 115k miles, looks great, and gives no issues.
2004 Chevy Trailblazer. Bought New. It now has 200k miles on it. Still looks good, but I did just rebuild the transmission earlier this year.
2008 Honda Fit. Bought New. It now has just under 300k miles. Still looks good and gives no issues.
Just curious, why so many trucks? Are you in the construction biz?

We currently have a 2008 Ford E150 van with about 73,000 miles. I'd like to see at least 15 years since we drive so few miles each year. In retirement our miles driven has plummeted.

Broken Man 1999
“If I cannot drink Bourbon and smoke cigars in Heaven than I shall not go. " -Mark Twain

LiterallyIronic
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Re: How many miles/years do you keep your car?

Post by LiterallyIronic » Fri Oct 13, 2017 3:07 pm

Alexa9 wrote:
Fri Oct 13, 2017 1:59 pm
If you buy used how old/miles do you generally buy and what age/miles do you sell it on average?

What is your rule of thumb when a car gets to be too old?
At least ten years old and 100,000+ miles on date of purchase. Sell it to a junkyard when it doesn't run any more. This strategy results in buying $1,000 cars, driving them until the wheels fall off an average of three years later, and then selling them to a pick-and-pull for about $350.

As for maintenance, I'll pretty much fix anything that breaks, unless the engine or transmission is dead.

sgrovercleveland
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Re: How many miles/years do you keep your car?

Post by sgrovercleveland » Fri Oct 13, 2017 3:16 pm

Still driving my first car, a 2004 Mercury Grand Marquis. I bought it at 57k miles. Needless to say, I'm driving it until the cost to drive matches the cost to buy another used car, or when the engine dies.

Once self-driving car technology matures, I'd consider leasing the new models and then buying new once the technology is stable. Until then, my boat gets me from A to B in comfort, and gas is cheap.

head gamez
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Re: How many miles/years do you keep your car?

Post by head gamez » Fri Oct 13, 2017 3:18 pm

Broken Man 1999 wrote:
Fri Oct 13, 2017 3:02 pm
head gamez wrote:
Fri Oct 13, 2017 2:50 pm
I don't really have any rules - except I never trade anything in.

We currently have a...
2001 Chevy Silverado 3500 Dually, Duramax Diesel. I just purchased it about 3 months ago for a really good deal. It has 144k miles on it. Still looks excellent inside and out and is in great mechanical shape.
2002 Chevy Silverado 2500HD Duramax Diesel. I purchased in in 2010 with 85k miles on it. It now has 115k miles, looks great, and gives no issues.
2004 Chevy Trailblazer. Bought New. It now has 200k miles on it. Still looks good, but I did just rebuild the transmission earlier this year.
2008 Honda Fit. Bought New. It now has just under 300k miles. Still looks good and gives no issues.
Just curious, why so many trucks? Are you in the construction biz?

We currently have a 2008 Ford E150 van with about 73,000 miles. I'd like to see at least 15 years since we drive so few miles each year. In retirement our miles driven has plummeted.

Broken Man 1999
It is my "weakness" - finding a good deal on trucks.... for some reason. Ha. Truthfully, we have 43' 15k lb RV. When we purchased it we already had the 2002 and it handled it fine (and under the axle ratings). However, I mentioned to my wife that I was going to keep my eyes open for a good deal on a Dually. It took me about 2 years, but I eventually found the deal and bought it. It has now become the RV truck, and I now drive the 2002 most of the time as my daily driver (I work from home).

I'm not attracted to sports cars... I like trucks. Even so, I only have 20k tied up in both of them combined and they have been trouble free - and still look new.

Ron
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Re: How many miles/years do you keep your car?

Post by Ron » Fri Oct 13, 2017 3:19 pm

I've gone through a lot of different vehicles in my 69+ years, but when I traded them had more to do with functionality rather than just how many years I owned them or the number of non-0 digits on the odometer.

The first car I purchased (new) was in 1969, when I had just returned from Nam, was a '69 Dodge Dart GT. My wife and I were married just a couple of weeks after I bought the car. Don't have the car; still have the wife :mrgreen: .... I/we ran it for just over 10 years and just under 100K. In those days, regardless of the manufacturer, that was a long time to have a car.

Over the years I had cars that I kept for quite awhile, such as our '89 Olds Cutlass Ciera, which was purchased new and traded over 17 years later. While it still ran well, I started having safety concerns driving such an old vehicle that didn't even have air bags.

Other cars, such as my 2000 Olds Bravada (purchased new) was kept for only two years. While I didn't really want an AWD SUV, I purchased it to be used by my wife since at the time I was spending a lot of time for work in Europe, and I wanted her to have a vehicle that would not let her easily get stuck in the snow while I was out of town. In 2002, my work travel was greatly curtailed and I traded it for a new '02 Mustang GT vert, which I still have today, 15 years later (and only 22K on the odometer).

Today, we both have '15 models; she a Subaru Legacy, me a GMC Acadia. Since both were purchased new and we only put on 3-5K each per year, I can see us having them for quite a while, with a good chance that they will outlive us; but you never know...

- Ron
Last edited by Ron on Fri Oct 13, 2017 3:22 pm, edited 1 time in total.

renue74
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Re: How many miles/years do you keep your car?

Post by renue74 » Fri Oct 13, 2017 3:20 pm

Bought a used 2005 Honda Pilot with 45K miles on it about 4 years ago. (Lady only drove it around town to pickup kids)

I have 140K miles on it now and do the regular services on it. (timing belt, etc.)

Rule of thumb is to drive my vehicle into the ground and when I start have major repair work done....sell it and and repeat.

I'm 43 and have only owned 4 cars in my driving life.

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baconavocado
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Re: How many miles/years do you keep your car?

Post by baconavocado » Fri Oct 13, 2017 3:32 pm

We always buy new Japanese cars and replace them after 10 years. At 10 years they still have good resale value and new safety features (airbags, back and side cameras, etc.), tech features (phone and device plugins), and environmental features (electric/hybrid tech) have all been compelling reasons to upgrade. The only exception is my pickup that I use for hobbies and doesn't get much mileage - it's 15 years old.

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Sheepdog
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Re: How many miles/years do you keep your car?

Post by Sheepdog » Fri Oct 13, 2017 4:07 pm

For the last 25 years I set a goal of buying used autos less than 15 month old and hold for about 10 years. My wife's present car is a 2007 Mercury Montego model purchased in 2008 and we expect to purchase another in Jan-Feb 2019 when some 3% CDs mature. It will have less than 85K miles at that time. Mine is a 2010 Ford Edge purchased in 2011 and has only 60K miles. I would expect to purchase another about 2021 or so.....I will be 88 then...we'll see if that is still prudent. I feel it will be 8-)
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StevieG72
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Re: How many miles/years do you keep your car?

Post by StevieG72 » Fri Oct 13, 2017 4:21 pm

I am shooting for 300,000 miles on my 2016 Toyota 4Runner! I will report back im a few years....

Was aiming for 200,000 on my last vehicle. Was totaled at 145,000 miles.
Fools think their own way is right, but the wise listen to others.

furikake
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Re: How many miles/years do you keep your car?

Post by furikake » Fri Oct 13, 2017 4:58 pm

My first car was my college car, I bought it used at 3 years old, drove it for 4 years, had to sell it because it was giving me too much trouble. Second car I bought it new, had it for 13 years, it was still running fine, but all the rubber hoses started breaking, not expensive to fix either, but having to bring it in almost weekly was such a hassle, dh got tired of taking my car in, and kept asking me to replace it. It had about 130k+ miles on it. Then this car I bought new, I'd like to drive it for 18-20 years, but it depends on how much trouble it will be when it's older, it's 9 years old now. My next car will be my midlife crisis car. :mrgreen:

Sidney
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Re: How many miles/years do you keep your car?

Post by Sidney » Fri Oct 13, 2017 5:04 pm

At age 65, I hope my current car will be my penultimate vehicle - I think it will be good for five more year, maybe less. I'd like to stop driving between 75-80 - that seems to be when people start being dangerous on the road around here. I don't want to be one of those people.
I always wanted to be a procrastinator.

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alpenglow
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Re: How many miles/years do you keep your car?

Post by alpenglow » Fri Oct 13, 2017 5:07 pm

About 10 years / 200k miles.

Jack FFR1846
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Re: How many miles/years do you keep your car?

Post by Jack FFR1846 » Fri Oct 13, 2017 5:07 pm

Boy.....I'm all over the map. On the low side, I bought a used Audi S4 that decided it would go into self destruct mode every time I took it out. Spent 50% of it's life (exactly) being fixed. After 4 months, I gave up and traded it.

On the long end, I built a Factory Five Cobra replica. I kept it 11 years and would have kept it longer, but my home state of Massachusetts kept changing the laws pertaining to kit cars and it became impossible to legally keep it on the road. Probably put 30k or so miles on it. I changed instruments several times in its life so have no real idea what it had.

Average....probably 4 years, 50k miles, whether we buy new or used. I've paid more attention since becoming a Boglehead and am holding onto cars now rather than replacing to get something newer and/or nicer. I'm happy that Subaru extended the CVT warranty to 10 years/100k miles and engine to 8 years/100k miles or we would have dumped it following a CVT replacement under warranty (an $8k fix if we had to pay for it). Current plan is to keep everything to 100k.
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CoAndy
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Re: How many miles/years do you keep your car?

Post by CoAndy » Fri Oct 13, 2017 5:41 pm

I bought my 2012 Honda Accord in November 2011. Currently have 67k problem free miles. I would love to get something a bit sportier but can't get past the foolishness of doing that right now. I will drive this car 4 more years and then get something really nice. Though there is a part of me that would like to see if I could get this car to 200k miles....Time will tell.

AKBTX14
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Re: How many miles/years do you keep your car?

Post by AKBTX14 » Fri Oct 13, 2017 5:44 pm

My last 4 vehicles were driven up to 165K, 184K, 187K, 210K miles. I drove them until #1 they looked good or #2 when the repair costs were not justified.

All of them were certified vehicles (14K-24K mileage range) and I bought the extended warranty up to 100K. Never bought a new vehicle in my life! :D

[Regular oil changes, weekly/bi-weekly power wash at home (or at car wash), 2-3 times a year few hours of self-detailing. The only extra maintenance that I have done in the past is changed transmission and differential oils on my 4WD V8s.]

thangngo
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Re: How many miles/years do you keep your car?

Post by thangngo » Fri Oct 13, 2017 6:01 pm

AKBTX14 wrote:
Fri Oct 13, 2017 5:44 pm
My last 4 vehicles were driven up to 165K, 184K, 187K, 210K miles. I drove them until #1 they looked good or #2 when the repair costs were not justified.

All of them were certified vehicles (14K-24K mileage range) and I bought the extended warranty up to 100K. Never bought a new vehicle in my life! :D

[Regular oil changes, weekly/bi-weekly power wash at home (or at car wash), 2-3 times a year few hours of self-detailing. The only extra thing I have done in the past is changed transmission and front/central/rear differential oils on my 4WD V8s.]
:sharebeer Just thinking about how much one can save from buying used car vs. new. I guess new car smell, instant gratification (new tech), luxurious feeling might be enough for some people to pay extra.

adamthesmythe
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Re: How many miles/years do you keep your car?

Post by adamthesmythe » Fri Oct 13, 2017 6:07 pm

I have not had very positive experiences with used cars. I buy new, and probably keep 5 years or more. No particular plan for exactly how long to keep. I did have a Miata I kept for over 10 years, that was an exception.

I like having a newer car that I don't need to think about much. I've driven lousy cars and one reward for saving enough to be prosperous is to live generally well.

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ClevrChico
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Re: How many miles/years do you keep your car?

Post by ClevrChico » Fri Oct 13, 2017 6:12 pm

The previous car was 22 years old. The one before that was 13 years old. As far as miles, no idea, as the odometers were not working properly when i got rid of them. I had to check the box "Actual mileage unknown" on the title transfer. I'm guessing around 150k miles.

The current Honda is 8 years old with 55k miles, with no plans to get rid of it anytime soon. It's likely my last internal combustion car that is human driven. :-)
Last edited by ClevrChico on Fri Oct 13, 2017 6:15 pm, edited 1 time in total.

Minty
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Re: How many miles/years do you keep your car?

Post by Minty » Fri Oct 13, 2017 6:15 pm

'95 Accord, bought new, 220K
'04 Pilot, bought used at 232K from a friend who did all scheduled maintenance, 236K
'14 CRV, bought new, 110K.
Core Four with nominal bonds and TIPS.

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CyclingDuo
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Re: How many miles/years do you keep your car?

Post by CyclingDuo » Fri Oct 13, 2017 6:23 pm

Alexa9 wrote:
Fri Oct 13, 2017 1:59 pm
I know this has probably been beaten to death but I'm still interested in it. :)
If you buy used how old/miles do you generally buy and what age/miles do you sell it on average?
If you buy new, how many miles/years before you sell it?
If you lease, please ignore this thread.
What is your rule of thumb when a car gets to be too old?
2005 Honda bought new with cash, currently has 214K on it. It is still going strong and has AWD which is good for Winters. Could be we start to look for a replacement next year.

Purchased a 2017 Honda this year with cash in June to replace a 2005 Honda that goes up for sale this month (has 165K on it). I've already received several unsolicited offers on the 2005 from colleagues. The new Honda already has 11K on it and is a wonderful vehicle. Expect to get a good 10+ years out of it.

We've always been in situations involving moving overseas back and forth, so the longest prior ownership was 10 years. Having been in one spot for 14 years now, the 2005's are the longest we've ever owned a car. We've used only Hondas in our household since 1989, so amount of miles has never seemed to matter as they have all ended up being cost effective and when we needed to sell due to a move - they sold immediately.

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gravlax
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Re: How many miles/years do you keep your car?

Post by gravlax » Fri Oct 13, 2017 6:39 pm

My current car is a 1998 that I bought as a CPO in the year 2000.

I just put on new tires, replaced the stereo head unit (since it failed). I've got about 175,000 miles on the car.

I'm commuting about 75 miles a day now, and will probably get a new car in the late winter or early spring. I doubt I'll keep the new one as long.

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sunny_socal
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Re: How many miles/years do you keep your car?

Post by sunny_socal » Fri Oct 13, 2017 6:43 pm

Hard to say, until I get sick of them I guess. Current fleet:
- 2007 Toyota Tundra, 106k miles, no plans to upgrade/replace
- 2008 Honda Pilot, 135k miles, will likely replace in the next 2 years (wife's car)
- 2015 Honda Accord, 58k miles, no plans to replace, aiming for 250k miles over the next 10 years

Will buy a 10-year old car for my oldest son next year. (eg. Another Honda Pilot, they are about $5k.)

After the advent of Airbags there has been relatively little improvement in vehicle safety. Yes there are electronic gadgets galore (blind spot buzzers, auto pilot etc) but if you remain vigilant and actually drive your car you'll likely be safer than if you rely upon computers to guide you. If/when we buy another new car all those features will be very mainstream, I'll be happy to get them "for free" but I won't go out of my way to upgrade at this point.

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Sandtrap
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Re: How many miles/years do you keep your car?

Post by Sandtrap » Fri Oct 13, 2017 6:49 pm

Until repair costs make it no longer feasible to own. :D

Ruger
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Re: How many miles/years do you keep your car?

Post by Ruger » Fri Oct 13, 2017 7:05 pm

I buy new and drive them until they are no longer reliable and it makes no sense to dump money into them.
I purchased a new 1999 Camry and drove it until 2015, when it had 321,000 miles on it. It still ran but since
I was driving a long distance each way to work, on back country roads, at night, I decided it would be wise
to replace it.
Bought a new Camry in 2015 and hope to get even more miles on it!

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StevieG72
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Re: How many miles/years do you keep your car?

Post by StevieG72 » Fri Oct 13, 2017 8:10 pm

thangngo wrote:
Fri Oct 13, 2017 6:01 pm
:sharebeer Just thinking about how much one can save from buying used car vs. new. I guess new car smell, instant gratification (new tech), luxurious feeling might be enough for some people to pay extra.
I bought my first new vehicle this year. I had limited time since my previous car was totaled.
There was about a $3,000 difference in new vs. 1 yr old with 10,000 miles on Toyota 4Runners.
I bit the bullet and bought new.

Will likely be my last new vehicle though, I stress to much about keeping it new! :annoyed
Fools think their own way is right, but the wise listen to others.

Mike Scott
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Re: How many miles/years do you keep your car?

Post by Mike Scott » Fri Oct 13, 2017 8:23 pm

Goal is a minimum of 10 years and/or 200,000 miles but more is better. I have recently scrapped a 20 year old truck with about 100,000 miles and a 17 year old car with about 200,000 miles. That leaves us with a 7 year old car with about 150,000 miles and a 2 year old car with 20,000 miles.

AKBTX14
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Re: How many miles/years do you keep your car?

Post by AKBTX14 » Fri Oct 13, 2017 8:45 pm

thangngo wrote:
Fri Oct 13, 2017 6:01 pm
AKBTX14 wrote:
Fri Oct 13, 2017 5:44 pm
My last 4 vehicles were driven up to 165K, 184K, 187K, 210K miles. I drove them until #1 they looked good or #2 when the repair costs were not justified.

All of them were certified vehicles (14K-24K mileage range) and I bought the extended warranty up to 100K. Never bought a new vehicle in my life! :D

[Regular oil changes, weekly/bi-weekly power wash at home (or at car wash), 2-3 times a year few hours of self-detailing. The only extra thing I have done in the past is changed transmission and front/central/rear differential oils on my 4WD V8s.]
:sharebeer Just thinking about how much one can save from buying used car vs. new. I guess new car smell, instant gratification (new tech), luxurious feeling might be enough for some people to pay extra.
I did the math.....worked for me. The vehicles were less than 2 years old. Worked for me as I was putting 1000 or more freeway miles every week (dealers wondered why I am back after 4-5 weeks for oil change). Workhorse vehicles. Depending upon if you drive for a lot for work (150, 200 miles per day to your projects) or for leisure, what makes sense is personal choice. Put 1000 miles every week on a new vehicle or buy certified vehicle with low miles for peace of mind or buy used with 50k miles. At my work with mileage reimbursement and gas cards some bought brand new vehicles.

Technology does not change that much in 2 years, but sure new car smell and feeling is priceless I guess. :D

Big Dog
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Re: How many miles/years do you keep your car?

Post by Big Dog » Fri Oct 13, 2017 8:54 pm

'87 Saab kept 28 years, 225k miles until tranny died.

'89 Volvo 199k miles, still my daily driver.

Both bought new.
Last edited by Big Dog on Fri Oct 13, 2017 8:56 pm, edited 1 time in total.

stan1
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Re: How many miles/years do you keep your car?

Post by stan1 » Fri Oct 13, 2017 8:55 pm

I find that plastic and padded interior parts still start to crack, bubble, and fade in my sunny climate after about 8-10 years even though the car is garaged at home and I use a window shade when parked outside at work. This is a function of time and exposure not miles. I usually replace a few parts but get rid of the car before the dash would need to be replaced which would be expensive. I realize some people don't mind these cosmetic flaws or just throw an aftermarket cloth cover on the dash. I don't mind driving a reliable 8-10 year old car but I do like the interior to be well cared for. So for me that means I can get about 70-80K miles on the car before I sell it since I drive 7-8K miles per year.

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DaftInvestor
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Re: How many miles/years do you keep your car?

Post by DaftInvestor » Fri Oct 13, 2017 9:02 pm

Typically 10 years / 100,000 miles for my cars but a bit sooner for my spouse's due to family needs and desires. Always buy new.

bubbadog
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Re: How many miles/years do you keep your car?

Post by bubbadog » Fri Oct 13, 2017 9:08 pm

I have a 2001 Toyota Tundra that is my daily driver with 199,000 miles. I purchased it new. It is very comfortable to me and has just the right amount of crappy that I don't have to worry about using it like a truck or parking it anywhere. It has been very reliable and has never left me stranded. Part of me wishes it would die so I could justify a new Honda Ridgeline.

hudson
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Re: How many miles/years do you keep your car?

Post by hudson » Sat Oct 14, 2017 3:42 pm

Conch55 wrote:
Fri Oct 13, 2017 2:26 pm
I drive a 14 year old Toyota 4wd Tacoma with 138k miles. Runs okay and is still capable enough for an off-road drive down the beach. I have considered replacing it with a newer version but don't see a compelling reason to do so. DW has a Honda Accord which we use for road trips but it is closing in on 8 years/110k miles. Both have been reliable. Most likely we'll replace the Honda first.
I have an even older Tacoma with around 150K miles...also no compelling reason to unload it.
I buy new and keep a vehicle a minimum of 10 years. My oldest vehicle is a 2000 model.
One vehicle that didn't make it 10 years had a hard to fix air conditioner.
Another early discard had a trunk that leaked 2 or 3 times at the wrong time.
My plan is to drive a vehicle until most of the value is gone. I like to keep the "clunker" to drive around town.


If you buy new, how many miles/years before you sell it? 10 or more years
What is your rule of thumb when a car gets to be too old? My last 3 vehicles that have gotten too old for me have been passed to family members.
Last edited by hudson on Sun Oct 15, 2017 12:47 pm, edited 1 time in total.

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