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URL:  http://boards.fool.com/ltlti-have-a-fully-funded-car-fund-so-i-dont-30421145.aspx

Subject:  Re: Already Too Late to Stop Climate Change Date:  12/8/2012  5:30 PM
Author:  SeattlePioneer Number:  46696 of 60467

<<I have a fully funded car fund so I don't need to keep putting money in it. And there's a good chance we'll buy only one more car in our whole lives (which means we'll likely have leftover money to use for another purpose).

I expect we'll manage on one car whenever the Prius dies, whether that's next week, next year, or later. We'll be 70 when the CR-V is 12 years old, and I expect any car we buy around age 70 will last the rest of our driving lives. The car my Mom bought in 1999 at age 73 is her last, and she puts only a few thousand miles on it a year. If it died tomorrow, she'd stop driving (she should do so soon anyway).
>>



Personally, I think people buy a new car too late in life which doesn't get used much. That's a waste unless you really want to spend for cars.

Keep the old jalopy in the garage and your money in the bank is my bias.


Seattle Pioneer
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