We want to keep our cars and run them into the ground. This is for monetary reasons, not sentiment. Unfortunately, up to now at about 100,000 miles our previous cars have broken down. The present one is just beyond 100,000 and going strong. We've had this sone since about 2006. Today we drive very little. It may last us the rest of out life, which isn't very long now perhaps. If it doesn't we will not buy another car. It would not be worth the payments for how much we drive, and perhaps we couldn't afford the payments then.
We keep our cars still they no longer run or they are totaled in an accident. Hondas will go for 300,000 easy. If I get the Honda Prelude that has 163,000 it will last till we die, since we never go anywhere. However, it is such a cool car I might want to drive it somewhere... Lewis can stay home and take care of the cats, he does not want to go anywhere... He had his 20 years driving the Prelude.
Many years ago we had a 1982 Dodge Challenger, we got it in 1989 when we moved to Washington, but by the time we sold it to a collector it was a classic. We only sold it because we could no longer get parts for it.
I never bought a new car in my life and the most expensive car I ever bought was the 1995 Honda Odyssey for 6700. I paid half down and made small payments on half of that amount for two years, and that is the only car payment I ever had. I paid cash for all the other cars.
I take our taxes to an accounting firm and I just found out today that we owe the IRS 7423! This is the first year I have owed anything in a long time but we had a capital gain of 60,000 this year so that is why we owe on taxes. The accountant said we did good on our investments.