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And I always tell people, the golden age of Japanese cars was 1997-2005
My friends think I’m batshit insane to make as much money as I do and drive a car this old but I have strong convictions about not buying shiny depreciating assets to impress other people. Additionally I prefer to put my money into investments, travel, family than things like cars or jewelry.
brand new Subaru Forester LImited
If AF were still here, he could explain to us spendthrifts again the wonderful world of police auction beaters if you want cheap, disposable transportation. If it lasts for 10K, it's a bargain, just trash it and go get another (be sure to do it before the smog test comes due, or, better yet, get a pre-smog model).
There is no Toyota equivalent for the GS, so not "same car".
And I'm pretty sure the GS's VIN starts with a "J", which makes a diffrence.
Finally retired the 18 YO Subaru WRX wagon, best car maintenance wise I ever had and a pleasure to drive. I wanted an anonymous box, so traded up to brand new Subaru Forester LImited. I can't believe how nice the Forester is, I like everything about it. I used t drive the Infiniti and Lexus sedans, but the luxury car thing annoyed me. I just want something that is reliable, comfortable, roomy and safe. So far 28 mpg on regular gas in mixed driving.
The lady who does my hair (drives big Lexus sedan) forgot I had Subaru and was laughing and joking about how they were lesbian cars. I told her I must be a lesbian, then. She was embarrassed, but I told her it was OK, I don't givee shits about image.
I only ever had one car loan out of necessity. If I couldn't pay cash for it, I didn't buy it.
I have three old Jap cars from the best period of Jap cars: 1997-2007.
I ask because I’ve thrown around the idea of buying an electric vehicle but just not totally sold for the following reasons:
- large buy in price commit
- road-trip charging anxiety
- battery losing efficiency over time (and with weather)
I currently drive a 21yr old Lexus sedan - 2001 GS430
This was a $55k luxury car when new and I picked it up for $12,500 back in 2011 with 90k miles in a condition that looked like it had just rolled off the showroom floor. It has 165k miles today and is worth about $6-7k if I had to guess based on condition/mileage. I can probably drive the car another 5yrs and I estimate it will be worth the same amount given that it’s fully depreciated.
The car still looks sharp, gets about 20mpg, and still keeps me happy.
My friends think I’m batshit insane to make as much money as I do and drive a car this old but I have strong convictions about not buying shiny depreciating assets to impress other people. Additionally I ...
I did some math yesterday and I've saved somewhere around $10,000 by keeping my 2012 Malibu running. And that's based on if I had replaced it with another cheap Chevy.
My mechanic friend bought a 1996 Toyota corolla for $150 with 200,000 miles on it as his daily driver. He also just bought a Toyota Tumdra with over 300,000 miles on it for $4,000. Why? Because he says Toyota will literally last forever with good maintenance. Toyota includes Lexus btw.
Other than collector cars, cars are a huge waste of $$. I'll probably never purchase another new car.
RWSGFY says
There is no Toyota equivalent for the GS, so not "same car".
And I'm pretty sure the GS's VIN starts with a "J", which makes a diffrence.
It was the Toyota “Aristo” but that model not available in the USA
The lady who does my hair (drives big Lexus sedan) forgot I had Subaru and was laughing and joking about how they were lesbian cars. I told her I must be a lesbian, then. She was embarrassed, but I told her it was OK, I don't givee shits about image.
I can probably drive the car another 5yrs and I estimate it will be worth the same amount given that it’s fully depreciated.
Comments 1 - 27 of 90 Next » Last » Search these comments
- large buy in price commit
- road-trip charging anxiety
- battery losing efficiency over time (and with weather)
I currently drive a 21yr old Lexus sedan - 2001 GS430
This was a $55k luxury car when new and I picked it up for $12,500 back in 2011 with 90k miles in a condition that looked like it had just rolled off the showroom floor. It has 165k miles today and is worth about $6-7k if I had to guess based on condition/mileage. I can probably drive the car another 5yrs and I estimate it will be worth the same amount given that it’s fully depreciated.
The car still looks sharp, gets about 20mpg, and still keeps me happy.
My friends think I’m batshit insane to make as much money as I do and drive a car this old but I have strong convictions about not buying shiny depreciating assets to impress other people. Additionally I prefer to put my money into investments, travel, family than things like cars or jewelry.
I estimate that I drive about 150 miles per week for work which translates to about $200 of gas per month.
I may not drive quite enough for the economics to make sense to go electric given my current reference point. I guess I need to also consider that a 21yr old car won’t run forever although I’ve seen these cars go well over 200k miles, even over 300k in some cases.
It’s remarkable how reliable this luxury Toyota has been. It’s never left me stranded, never had any high dollar repair - only brakes, tires, and some suspension bushings. Also had a check engine light once during the 10yrs I owned it… turned out to be a $80 oxygen sensor that was replaced this year (labor included). Not a drop of oil in my driveway and AC still blows ice cold. I wouldn’t have believed it if I didn’t experience it.
In a strange way, I’m almost eager to keep driving it just so I can see how long I can stretch this out…
What car do you drive and where do you stand on the gas vs electric topic?