I've unexpectedly received an inheritance and am reconsidering my car. My 2013 Chevy Cruze (90k miles, paid off) is running, but its age is showing. The only thing I need my car for is a 45-minute daily commute and shopping trips. Should I use this inheritance for a newer, more comfortable vehicle, or is it wiser to drive my Cruze until it dies?

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Drive it to the ground. Invest that inheritance.

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If you have no comfort issues with the Cruze, this is definitely the answer. Maybe consider a weekend car tho!

Hard to say without knowing your NW and the size of your inheritance.
Ie. If you don't have savings and the inheritance is 50k, maybe don't go buy a new car. If you have good retirement progress and a rainy day fund, and inheritance is 500k, different consideration

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Regardless of the size of your inheritance or retirement portfolio, the smart thing to do is to drive the Cruze until it does, and invest the money in a mutual fund that matches your risk tolerance.

Track how much it grows until your Veize dies, and that will help you decide how much needs to stay invested at that point.

You only get to be young once. Do it in a Porsche.

"If you think about using money to make more money, you probably wouldn’t even be having this debate. The real question here isn’t about the car — it’s about how you see your inheritance: as a tool for comfort, or a tool for growth. One brings convenience, the other brings options."

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