POLL: How Old is Your Newest Motor Vehicle?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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How Old is the Newest Motor Vehicle Used by You or Your Spouse or Partner

Less than one year old
29
15%
Between 1 and 2 years old
11
6%
Between 2 and 3 years old
12
6%
Between 3 and 4 years old
12
6%
Between 4 and 5 years old
20
10%
Between 5 and 10 years old
59
31%
Between 10 and 15 years old
36
19%
Between 15 and 20 years old
9
5%
More than 20 years old
4
2%
 
Total votes: 192

Topic Author
MichDad
Posts: 476
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POLL: How Old is Your Newest Motor Vehicle?

Post by MichDad » Mon Jul 07, 2014 2:15 pm

NOTE: I HAVE REVISED AND REPOSTED THIS POLL. PLEASE VOTE HERE EVEN IF YOU'VE ALREADY VOTED:

http://www.bogleheads.org/forum/viewtop ... st=2114203

Please include cars, vans, SUVs, pickup trucks, and motorcycles used by you and your spouse or partner for regular transportation. Do not include RVs, motor homes, and ATVs.

We have only one motor vehicle and it's 19 years old. We purchased it new, for cash (no loan), in 1995. I hope to keep it for several more years.

Thanks for participating,

MichDad
Last edited by MichDad on Mon Jul 07, 2014 3:46 pm, edited 1 time in total.

crg11
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by crg11 » Mon Jul 07, 2014 2:21 pm

Right now at a nearly 4 year old Subaru Legacy as our newest vehicle with a 5 year old Hyundai Elantra following it not far behind. Both are very low miles for their age (35K for the Subaru, 29.5k for the Hyundai) and should have many more miles and years left in them. Only the Subaru has a loan left and it's almost gone, should be in the next couple of months.

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roymeo
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by roymeo » Mon Jul 07, 2014 2:28 pm

Need "None owned" option.
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Topic Author
MichDad
Posts: 476
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by MichDad » Mon Jul 07, 2014 2:33 pm

roymeo wrote:Need "None owned" option.
My bad. I completely forgot that important option. I see how I can edit my original message but I don't see an option that permits me to add a new poll answer category. Can someone please explain how I can add an option for "No motor vehicles owned."

Thanks,

MichDad

Ron
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Ron » Mon Jul 07, 2014 2:38 pm

One "new" at 9+ years, two "old" at 12+ years.

Averages out to 11+ years for all three :twisted: ...

- Ron
Last edited by Ron on Mon Jul 07, 2014 2:45 pm, edited 1 time in total.

ralph124cf
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by ralph124cf » Mon Jul 07, 2014 2:39 pm

I voted based on the model year, but the car is new to me.

Ralph

livesoft
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by livesoft » Mon Jul 07, 2014 2:43 pm

Just bought a 4-year old car … an early 2011 model. Looks, feels, brand-spanking new. Fooled everyone at my old employer.

We've purchased 6 vehicles in our 32-years of marriage and the 3 we still own are all driven almost daily.
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placeholder
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by placeholder » Mon Jul 07, 2014 2:49 pm

I think adding an option will reset the poll so I'd check with a mod before doing anything drastic.

livesoft
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by livesoft » Mon Jul 07, 2014 2:53 pm

Resetting the poll is really no big deal. Everybody loves to vote early and often. :)
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curmudgeon
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by curmudgeon » Mon Jul 07, 2014 2:57 pm

8, 9, and 13 years old. The newest one has the most miles, and is also the usual road trip car, so it may get replaced in a year or two.

TexasMu
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Location: Dallas, TX

Re: POLL: How Old is Your Newest Motor Vehicle?

Post by TexasMu » Mon Jul 07, 2014 2:59 pm

A year ago I bought a a 10 year old German car ( the manufacturer everyone makes fun of around here ) with CASH and I enjoy it every time I get behind the wheel. Drives excellent and looks almost new. Definitely doing preventive maintenance like crazy. I'm a car nut so maintaining cars is almost a hobby to me

Cool poll :happy

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desertbandit442
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by desertbandit442 » Mon Jul 07, 2014 3:12 pm

6, 12, and 24 years old.

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Ged
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Ged » Mon Jul 07, 2014 3:18 pm

1,2,7 and 13 years old.

Crow Hunter
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Crow Hunter » Mon Jul 07, 2014 3:19 pm

2011 Chevy Silverado 4X4 extended cab, less than 20,000 miles on it that I bought new for a screaming deal during the glut of trucks on the market and no one was buying.

Also have a 2010 Corolla with 70,000 miles which we also bought new after purchasing a used lemon Corolla that the ECM died on among other constant problems. (A quick call to Toyota customer service got me a screaming good "deal" on that trade too.) :D

Just sold a 1999 Silverado that I special ordered in 1998 for $4,900 with 160k on it.
Last edited by Crow Hunter on Mon Jul 07, 2014 4:03 pm, edited 1 time in total.

island
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by island » Mon Jul 07, 2014 3:29 pm

This poll is misleading. I chose 3-4 years, but the car it replaced was about 13 years old.

sscritic
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by sscritic » Mon Jul 07, 2014 3:35 pm

Times change; the question is "is" not "was."

Mine is not yet two month old. Two months ago, I would have said 16 years, but today is today, so the answer is no longer 16.

TheRightKost87
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Location: Boston, MA

Re: POLL: How Old is Your Newest Motor Vehicle?

Post by TheRightKost87 » Mon Jul 07, 2014 3:36 pm

I'm in the "none" crowd as well. Living in a city makes owning a car much more hassle than its worth.

One thing I thought of while reading the responses though: I had originally assumed that the older cars would be more "bogleheady", in trying to squeeze every last ounce of life out of the investment. But then I thought that older cars probably need more expensive repairs more often.

For those of you that don't do your own mechanic work - I wonder where the tradeoff is when a new (or at least less-used) car would be the better decision financially...
"The problem with diversification is that it works, whether or not we want it to"

amitb00
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by amitb00 » Mon Jul 07, 2014 3:38 pm

3 month old Tesla and 7 year old Honda Odyssey.
Prior to Tesla I had 13 year old Nissan Altima

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greg24
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by greg24 » Mon Jul 07, 2014 3:38 pm

roymeo wrote:Need "None owned" option.
If you don't have a motor vehicle, don't answer.

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bottlecap
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Location: Tennessee

Re: POLL: How Old is Your Newest Motor Vehicle?

Post by bottlecap » Mon Jul 07, 2014 3:45 pm

We're at 10 and 15, with 427,000 miles between them. They don't feel that old, though. Especially the 10 year old one. That seems almost new...

JT

bluemarlin08
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by bluemarlin08 » Mon Jul 07, 2014 3:51 pm

We just sold a 2000 ford van I bought 4 years ago for 1500 for 2000. Our second less used cars are always high mileage cars and never had major problems

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Crimsontide
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Crimsontide » Mon Jul 07, 2014 3:55 pm

2 and 10. Will be getting a new CR-V for the wife this fall.

sscritic
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by sscritic » Mon Jul 07, 2014 4:02 pm

I don't have two newest cars, certainly when the verb is in the singular. My newest car is 2; my two newest cars are 2 and 7.

Actually, my oldest car is 7; my two oldest cars are 7 and 2.

Grt2bOutdoors
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Grt2bOutdoors » Mon Jul 07, 2014 4:03 pm

You have this poll, then you have the revised poll - shut one down or are you running two different polls asking the same question?
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Rodc
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Rodc » Mon Jul 07, 2014 4:03 pm

Newest is 0.

Would have been 6 but daughter had her car totaled in an accident and she got the 11 year old car, the new car (6 year old) then became the "old car" and we got a new car a year ahead of schedule.
Last edited by Rodc on Mon Jul 07, 2014 4:46 pm, edited 1 time in total.
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Sheepdog
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Sheepdog » Mon Jul 07, 2014 4:05 pm

4 and 7 years. We each normally purchase 1-2 year old pre-owned cars about every 8 to 9 years.
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lululu
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by lululu » Mon Jul 07, 2014 4:17 pm

A 1992 and a 1969.

c078342
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by c078342 » Mon Jul 07, 2014 4:25 pm

3 vehicles:
2002 Porsche Boxster S
2009 VW Tiguan
2013 Audi A4
The Tiguan is on its way to being replaced by a Porsche Macan when the diesel version becomes available shortly.

Bungo
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Bungo » Mon Jul 07, 2014 4:42 pm

2004 car, 2003 motorcycle

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Lifut
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Lifut » Mon Jul 07, 2014 5:09 pm

My only vehicle has been old enough to drink for a few years.

22twain
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by 22twain » Mon Jul 07, 2014 5:22 pm

Less than one year. However, this is an unusual (for us) situation.

A year ago last April, my car (which was 13 years old at the time) was totaled in an accident. While we were shopping for a replacement, my wife decided that she really ought to replace her 22-year-old car, which she did a few months later. So her current car is about 11 months old, and mine is about 14 months old. Hopefully it will be at least ten years before we need to replace either of them.
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DVMResident
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by DVMResident » Mon Jul 07, 2014 5:31 pm

2003 Accord (me) -family hand me down in 2006 (a domino family 5 car shuffle; deal I was got the Accord if I bought my brother a 2001 civic from my uncle)
2003 Prius (wife) - purchased used from a family friend in 2011

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Rob5TCP
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Rob5TCP » Mon Jul 07, 2014 5:39 pm

I live in Manhattan so I have only one car; a 1998 Ford Escort with 51,000 miles.
If I don't go carless (and join ZipCar)) I would probably replace it in the next couple of year, for safety reasons only.

chaz
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by chaz » Mon Jul 07, 2014 5:45 pm

2005 corolla.
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ww340
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by ww340 » Mon Jul 07, 2014 6:24 pm

Newest is 2010 pickup
oldest is 1929 pickup

MathWizard
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by MathWizard » Tue Jul 08, 2014 3:30 pm

So I'm not the only one who thinks cars are a huge expense.

In some cases when using high interest financing it could exceed
lifetime housing costs.

scrabbler1
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by scrabbler1 » Tue Jul 08, 2014 6:17 pm

2007 Corolla, about 24,000 miles on it. I expect to get at least 10 more years from it.

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Steelersfan
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Re: POLL: How Old is Your Newest Motor Vehicle?

Post by Steelersfan » Tue Jul 08, 2014 8:06 pm

I only have one vehicle and I answered "Less than one year", but that's only because I traded cars about 6 months ago.

My 17 year old Camry was still in perfect condition and I planned to keep it for another decade or so, but I just got an itch for a new car that got better mileage and all the new electronics. So far so good.

"15 to 20 years" sounds deliciously bogleheadish I wish I could answer that way.

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