You didn't figure in depreciation which is likely at least 100 a month for each car. 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).
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra