At my age of 75, the prospect of getting a new car is akin to taking on the purchase of your first new home. Besides the vastly inflated price of the car, interest rates (and the credit ratings needed to support good interest rates) are hard to come by. And then you add insult to the injury. Insurance costs.
By the time you’re done, your’re looking at least $1000/month and probably $1500-$2000 for something like one of these new super trucks.
Thankfully I have my trucks from 1997 and 2001. Both with less than 60 000 miles on them. No way I would buy a new auto today!
Had a customer in yesterday that had just bought a brand new Kia for his wife (he’s 79). Was telling me about all the bells and whistles on it. I told him all those bells and whistles are EXACTLY why I will drive my 2000 Kia Sportage until it dies, and then probably have my husband put another engine in it.
im shy of 65 have a 20 year old tundra truck last vehicle i will ever have still runs crank windows help keep me active
Under Bi-dumb’s economy I can’t afford to get rid of my old beat up 2003 Ford and get something nice.
I am 69 and just leased a brand new SUV for $151 a month.