I bought my first new vehicle when I was 65. Wanted used, but a two year old Tacoma with 80k miles was selling for $20k with 80k miles. For an extra $5k I bought a brand new one. It wouldn’t surprise me if I could sell it for what I paid for it brand new 12 years ago. I only have 55k miles on it.

Never bought a new car. Never made a car payment. At 52, I don't see any reason to start now.

When adjusted for inflation, all of my vehicle purchases ring in at just under $38,000. The rest went to house principal, a Roth IRA, and German Sigs.

I have bought new, but until recently it makes more sense to buy three year old cars. First tier used cars have gotten so expensive.

quote:

Originally posted by Rightwire:
My father never bought a new car until he retired.

I'm not quite 60 and have never bought a new car. Closest I came was a lease vehicle in 2008, but I gave it back.

for my personal use,
one new 1993 Saturn SL2, ordered it,
one new 2013 Mini Cooper S,

everything else was used or a dealer demo (6000+ miles usually, )



wife has had several new vehicles,

In the 52 years I've owned a car, I've never owned a new one. Never saw the point.

For the last 12 years I have done quite well buying new pickups and trading them off every 3 years or so with 50-60k miles on them.

I'm pretty sure those days are over.

I've never bought a new car. Never had a desire to.