If a new car costs 50k, then that means you have a budget of $5000/year to pay a good mechanic/service dept. to keep your old one in top shape.
I like that math. It usually costs quite a bit less for good preventative maintenance.
I’m not opposed to buying a new car, but the math just doesn’t work for me.
“I like that math. It usually costs quite a bit less for good preventative maintenance.
I’m not opposed to buying a new car, but the math just doesn’t work for me.”
You can invest 20k into restoring an old 66 Chevy or Ford and have a REAL car when you are done. With proper maintenance a 66 model will last 20 years before it needs any major work. And even then major work is still cheap to get another 20 years out of it.
The math only works if you want to blow some excess cash.
Buy a TOYOTA.
 'nuff said. Love my Tacoma!