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AverageOldGuy

(2,142 posts)
3. All our vehicles are old
Tue Jan 16, 2024, 07:23 AM
Jan 2024

Three cars:

-- 2004 Ford Explorer; 205,000 miles
-- 1996 Mazda B4000 pickup; 210,000 miles
-- 2007 Mini Cooper; 125,000 miles

No plans whatsoever to buy a new car. We are 81 and 79, fixed income.

Will the prices of new and used cars kill the market for them? If so, what are the long-term implications for the economy?

Recommendations

1 members have recommended this reply (displayed in chronological order):

Its not just big SUV's the Historic NY Jan 2024 #1
I plan on keeping my ten-year old Honda Civic for as long as I can. llmart Jan 2024 #2
Leasing is the sucker's bet. Biggest scam the auto companies ever came up with oldsoftie Jan 2024 #4
I bought my Civic in 2005 and my niece is still tooling around town in it, no problems whatsoever. Scrivener7 Jan 2024 #5
Your last paragraph is spot on! llmart Jan 2024 #13
All our vehicles are old AverageOldGuy Jan 2024 #3
Haven't bought a new car in decades... MiHale Jan 2024 #6
We would buy a new 4WD truck in a nanosecond if they all weren't the size of a semi. Vinca Jan 2024 #7
The problem with big SUVs and trucks is that they also make driving unsafe for those in small cars. Lonestarblue Jan 2024 #8
The data is in on that subject. Old Crank Jan 2024 #12
1995 Toyota Camry with manual transmission: 298647 miles. I'm the 2nd owner and have rebuilt the suspension and brakes Ford_Prefect Jan 2024 #9
I think it was an opportunity the MFG's saw b/c of the covid crisis..00OOooo chip crisis, Ooo labor shortage. mitch96 Jan 2024 #10
I bought a new car once back in the mid 'eighties when I was young and full of myself. hunter Jan 2024 #11
I just turned 54 AwakeAtLast Jan 2024 #14
I drive a small car these days, a 2021 Nissan Sentra. Mr.Bill Jan 2024 #15
Perhaps Old Crank Jan 2024 #16
That's a good idea about the flashers. Mr.Bill Jan 2024 #17
SUVs are definitely a huge factor, but overall planned obsolescence is arguably a larger factor Kennah Jan 2024 #18
The average car on the road is now 12 years Old Crank Jan 2024 #19
Lots of those old trade ins are still running or still being scavenged for parts. Newer trade ins, less so. Kennah Jan 2024 #20
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