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Author: gourmetcook23 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 71394  
Subject: Keeping an Old Car Date: 6/1/2001 7:36 PM
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Brava! for reiterating that keeping an old car makes more financial sense than paying for a new one for 4 years. I drive a 1980 Porsche, that I bought new, so it is now 21 years old. I have put a few thousand dollars a year into maintenance, and last year I invested in a new paint job, assuming I could continue to drive it another 4 years. Today, a policeman spotted me (and the car) and asked me to call him when I wanted to sell it. So, that reinforces my initial thought that buying a good quality car, taking care of it, and biting the bullet for maintenance occasionally is a good strategy. Since new Porsches cost around $90,000, you can do the math and see how much better off I am. Of course, the argument could be made that I don't need to spend $90,000 on a new Porsche, ever, but that's another story.
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