Would you consider keeping your car 15 to 20 years?

86,875

Asked by Mark Nov 25, 2015 at 12:19 AM about the 2010 Subaru Outback 2.5i Limited

Question type: General

If you purchased your car brand new,  financed it for 60 months and had no car
payments for next 10 to 15  years,  think about how much money you could
save and use for repairs,   not maintenance.    No matter what went wrong,   
you're saving money every year you don't have payments,  that could be  
$5,000 or more per year.   There's no way you'll have $5,000 in actual repairs
year after that for 10 to 15 years.    So,  would be consider it?

3 Answers
86,875

Mark answered 9 years ago

Js08016- Jim, good for you, the trick is to pick a car that has a great reliability record, it helps a lot. I kept my 1995 Honda Accord EX station wagon for 19 years. Happy Thanksgiving!

1 people found this helpful.
Mark helpful
86,875

Mark answered 9 years ago

By the way, my 95 Honda Accord EX had the original engine and transmission with no problems at 150,000 miles and I sold the car for $3,000. Considering all the service I got from this car, it owed me nothing.

1 people found this helpful.
Mark helpful

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