quote:

Originally posted by ChuckFinley:
Stormin, if you have luck it is that no-one else has come along and damaged your 2002. I had a 2001 that I would likely still have but for a woman on her cell phone. That was when Chevy trucks were Chevy trucks, not the oversized glass jaws that they are now. 3 of the last 4 Chevy's I had were crap. The only good one I had gave its life saving two of my family from a woman who deemed herself not at fault for the accident because it was the will of Allah.

quote:

Originally posted by Prefontaine:

I agree with you. It’s them with the ego, image, status, superficiality, Joneses race, etc. Financially it would be cheaper to own 2 vehicles honestly. A daily driver or commuter is just that. A solid daily is a regular Corolla hatch, Civic, A Fit when they made that. Basically an economy class car. Buy one, drive it, maintain it, and when it’s paid off, well then go buy your performance car, luxury car, or fancy truck. With 2 vehicles you gain redundancy in case of a stoppage. And since you are spreading mileage out on the ODO’s you’ll get more time out of both. Expensive stuff should be bought for long term usage, 10+ years. If you buy something expensive, rack a bunch of miles on it, then it’s exactly like you said, it won’t be worth anything. And in many cases, these same people we are referring to, want something equally or more expensive in 2-3 years, trade it in, and they are upside down on it due to depreciation, mileage, etc, and roll that debt onto a new loan adding to it. It’s a never ending cycle.

I have a number of vehicles, each bought at a time. Pay it off, keep it, and move onto the next piece of the fleet. I’m up to 8, with plans for 2 more. Meanwhile I’m driving the same daily driver hatchback for 11 years. If you ask these same people to drive the same thing for longer than 2-3 years they’d go nuts.

quote:

Originally posted by 92fstech:

quote:

Originally posted by Prefontaine:

I agree with you. It’s them with the ego, image, status, superficiality, Joneses race, etc. Financially it would be cheaper to own 2 vehicles honestly. A daily driver or commuter is just that. A solid daily is a regular Corolla hatch, Civic, A Fit when they made that. Basically an economy class car. Buy one, drive it, maintain it, and when it’s paid off, well then go buy your performance car, luxury car, or fancy truck. With 2 vehicles you gain redundancy in case of a stoppage. And since you are spreading mileage out on the ODO’s you’ll get more time out of both. Expensive stuff should be bought for long term usage, 10+ years. If you buy something expensive, rack a bunch of miles on it, then it’s exactly like you said, it won’t be worth anything. And in many cases, these same people we are referring to, want something equally or more expensive in 2-3 years, trade it in, and they are upside down on it due to depreciation, mileage, etc, and roll that debt onto a new loan adding to it. It’s a never ending cycle.

I have a number of vehicles, each bought at a time. Pay it off, keep it, and move onto the next piece of the fleet. I’m up to 8, with plans for 2 more. Meanwhile I’m driving the same daily driver hatchback for 11 years. If you ask these same people to drive the same thing for longer than 2-3 years they’d go nuts.

That has been our approach as well, with that same basic though process...minus the nice expensive stuff. We currently have:

2001 Silverado with 225k miles. Bought for $2800 in 2009.
2003 Suburban with 430k miles. Bought for $3000 in 2014.
2013 Mazda 3 with 175k miles. Bought for $4300 in 2020.
1999 Chevy S10 with 228k miles. Bought for $2500 for my 16 year-old son in 2023.

All of them run great and I wouldn't hesitate to jump in any one of them today (except maybe the S10...it's making some pinion bearing noise. But it's primary purpose is local transportation for my son and to serve as a sacrifice to keep him from wrecking the cars we depend on) and drive cross-country. I refuse to go into debt or spend more than I paid for my house on a new vehicle, nor have I found it to be necessary.