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If you're happy with an older car....
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Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Wed, 7 Feb 2007 19:24:29 Share Post by Email
In Reply to: Your assumptions may not be true for everyone (+), vvk, Tue, 6 Feb 2007 13:42:24
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If you're happy with an older car then that is truly the way to spend less.

Some other points

1. Yes, new cars are better and safer. Statistical reliability has gone way up and modern cars have much more effective safety sytems. In point 2 you allude to how important safety is, but then don't see the bigger picture of how much that has improved in just the last 5 years.

2. Your example is similar to the logic of the fellow who was almost killed by his seatbelt so he doesn't wear them.

3. Need, whose the judge of anothers need?

4. Keeping old cars on the road is a hassle. It's someone special like you who has the patience and the knowledge to keep an old car on the road. Most people don't want the uncertainty or the hassele. See point 1 too.

5. You're totally backward on this one. Leases are only for the highest credit tiers, the folks who take care of their credit and their cars, high demographics, not the morons who beat their cars to death. Most lease returns are still within factory warranty and also within the free maintenance period and are pretty much the nicest used cars availible. The end of the lease is the only reason they're giving the car up.

6. The first major money you will spend on a Saab for example is after 50k miles and 48 mos warranty has expired and at the major 60k service. The 50-75k range is also the time for replacement brakes and tires on most cars as typical wear items like that last only half as long.

But as one of the BMW motorcycle club members says when the big K bikes go "shredding" past him at 100+ mph..... "Ride your own ride".
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