@Sliver
Sorry I'm on my phone and the new Tapatalk app completely sucks, but I'd like to respond to this:
"Also, maybe holding onto cars for 8-10 years isn't even a good thing."
You and I generally agree on used vehicles but I feel like there's a HUGE caveat to this. If you're planning on flipping it regularly, or even eventually, sure, I agree. However if it's a DD you only care about going from point A-B with, or something you want to drive into the ground, I completely disagree.
For a sports car you want to sample and get something else to sample later? Absolutely.
However I look at the example of my truck (which I actually think I love more than I loved my 911). I literally bought it expecting to drive it into the ground. Bought it from new, owned it for 7 years and running. I know every dent, bump, and strange noise. For money sunk, I've spent $1000 on a 100k inspection because I wanted it looked at with a second set of eyes I trust. Everything else I've done on my own. My total cost of ownership has been oil changes, batteries, tires, and some rust removal to keep it in pristine shape. Oh and the odd rotor replacement. All said and done I don't think I'm over 5k in over 7 years.
It's been paid off for half it's life and has, realistically, another 15-20 years left in it. It will likely only be curbed when the government legislates out gas pickups.
If you want to sample something else? Yeah. Purchasing and holding is stupid, but in many cases or makes sense.
I have no desire to get rid of my truck. The cost of windshield replacement is $250 vs a 2019 which is $1500 and up with traffic automation.
A new battery is $100. If you have a 2020 you likely have to go to the dealership to replace the battery. .
So long story short, I don't think holding a vehicle for 10 years is anywhere close to stupid.
Sent from my Pixel 3 using Tapatalk
|