SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (236582)11/2/2013 1:13:02 PM
From: neolib  Respond to of 543132
 
Yes, I buy at about 60K miles and drive till 160K+/- and send it to recycling at the end. And buy land with the money I save. Why so many people buy depreciating assets I'll never know....



To: bentway who wrote (236582)11/2/2013 2:15:17 PM
From: epicure  Read Replies (1) | Respond to of 543132
 
We buy Honda's, for cash, new- so we know the service history, unless we chance across a really low mileage car which has an excellent service history from a first owner (have done that- like the car, still have it). We drive the cars until they drop- and then donate them in for small tax deductions. It's worked great for us. We don't like to have debt we can't deduct, and we care not at all about impressing the neighbors- although our neighbors are just like us. I don't know too many people who buy or lease new cars only to get newer new cars to impress their friends- but realtors and salespeople kind of have to do that. But we don't hang with those kind of people. There's nothing particularly wrong with that lifestyle choice, it just doesn't happen to be ours. We prioritize things differently.

Now I must go out and spend some cash on things I really do prize- excellent farmer's market produce and organic ice cream.

Have a great weekend. Play nice, have fun, and don't waste your lives.

kiss kiss
hug hug