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Can someone refer me to CITI ?
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It’s already at 100K miles. Run it into the ground
I used this site to see how much a car model depreciation plays out: https://caredge.com/depreciation
Then I buy one that’s 3 years older than the current model.
I’m drawn to the Hyundai and Kia 3-row SUVs (same drivetrain so just styling and options differences). Both can be tricked out nicely for under $50k.
I like the idea of the Q7 but I have an Audi and in addition to it being 30k more to buy, the maintenance will be frequent and outrageously expensive.
The van was awesome when the kids were little but not needed anymore and the AWD and ground clearance would be better for light off-road for camping, winter conditions, and such.
Is this the dad bowl or what?!? 120k miles and no plan to trade in any time soon
I know, right? I think I just want the fun of researching a new car and talking about it, but I know I’m too frugal to let this go yet.
I have a 12 year old Honda Civic at 153K miles. Still runs fantastic, looks great and suits our needs. Recently replaced shocks and A/C for ~$1,500. Expect to hit 250-300K. Will think about replacing then...
If you are spending over $1k a year, every year, on expenses other than regular maintenance ( oil, brakes, and tires), then I’d say start looking at something different. When the car has 100k, you could get unexpected expenses every few years, but that is still cheaper than monthly payments for new car. It really depends on your financial situation.
This! Run it into the ground
"97k mikes" ...are we talking about cars or prostitutes? Hahaha
Highway debris hit my 12 yr old Odyssey and totaled it. Insurance paid out $4000. I still have 3 kids in school and that van was good to us. Just got a 2018 odyssey (22k miles) for $28,800 out the door. We paid cash.. (we were saving that cash for bathroom renovations for our 40 year old home, but oh well). We looked at Chrysler and Toyota vans but Honda still had what we wanted. My daughter gets car sick on almost every ride, so rear face-level air vents are important to us. There was a significant style change between 2017 and 2018 odysseys. So we went with 2018.
Yes dealer. I let them know i was paying cash. But in retrospect, I think I should have kept that to myself to get the base price down a bit.
What kind of van is it? Brand that lasts 150k+ miles or one that you're already pushing it at 100k.
From cost perspective $3k (if that) vs $30k for a new van seems like a big difference.
Honda Odyssey; easily will last a good while longer if I want it to. Caveat- this one has had some transmission problems; first time got a new one covered under warranty, second time was not covered but repair was relatively inexpensive.
financially, probably cheaper to fix and keep it. Emotional stress of it, subjective
For a Honda, I don't even subconsciously consider replacing it until at least 150k.
If it seems like the transmission issue is truly solved, I would keep it until my wife starts mentioning trade in at least twice a month.
Fortunately she’s the voice of reason here and just rolled her eyes at me. ;). I got my jollies building my comparison spreadsheet and looking at option packages for an evening, then remembered it’s money I don’t need to spend and won’t make us appreciably happier or safer.