That minority of big lottery winners who don't eventually go bankrupt.
That minority of big lottery winners who don't eventually go bankrupt.
I think most people buy a new car every 2-6 years mostly for fashion or status reasons. I don't see any reason to change cars unless the old one gets into a big wreck, has an expensive breakdown, or if the new models are significantly better. Maybe that's why my wife and I are only in our early 30s but, despite our modest income, don't really have to work any more.
But even the newest cars are boring on public roads.
An old fat guy in a sports car and on a second wife -- could you be any more cliche?
Maybe. But I do NOT consider it BORING to have NO debts and a net worth of approx. ONE MILLION DOLLARS, thanks to NOT continually buy new ever year or two or three.
Ummmmm..."plus interest"?
Where the f*ck do you come up with THAT one?
Oh, I see--in YOUR world, absolutely NO ONE bothers to SAVE money for something he wants or is going to need.
How's that mortgage coming, Mike?
Well put, Charles. BUt then my 99 Camry 6 cyl. only has 120,000 kilometres on it...good for a LOT more years.
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Indeed, it is a good idea to have collision on many cars. However, we increased our collision deductible to $1,000. That really cut down the premium but still maintained protecton from the kind of expenses that would be it worthwhile to make a claim.
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What shitty values and a sad, superficial life he appears to have.
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Jeff, are ALL those vehicles registered AND insured? Is your insurance company aware of all the drivers who use each vehicle? If so, you must have one humongoue insurance premium!!
Not buying new cars every few years but buying new and driving car into ground is yet another reason why I was able to retire from FULL time work at the AGE OF 42. But, hell, if you wanna work until Hell freezes over, so you can continually buy new cars, more power to you...you keep the economy going, I guess.
L M and C....you hit the nail on the head!!
"Sharx35"
*snip*No, it's a keep-up-with-the-Joneses thing.
Natalie
Which is common to ALL races, colours and creeds, sadly.
You're jealous. I'm 6'4" and at 285 Lbs. I'll likely out live my second wife as well LOL
I write check to pay for my cars, however few buyers have that option. As too mortgages, I own both of my homes in Pennsylvania as well as the one on the Outer Banks and in Key West ;)
Don't you mean the Johnsons? ;)
Whereas, unless a person's lucky enough to have a huge walk-in closet where everything can be kept, we have to switch all of our clothing over 2x/year - spring (after it starts to warm up) & fall - after shorts & sandals aren o longer an option. A good time to weed out stuff, though.
True of anywhere in the south, I assume. Also noticed it in the UK. No rust on the cars, not even the old ones.
Cathy
Yeah, I do. I know several who decided to keep driving old cars until they much older (both the cars and the owners) rather than buy a new car when the old car was just fine.
Some people do have enough sense to keep an older car for a long rather than buy new every fews just because they could afford it. These people would rather save for things like their kids' education and retirement.
Jeff
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