My parents purchased new vehicles and kept them 3 to 5 years. I drove a new pickup that my father purchased in 1972. That was my last new vehicle. My newest vehicle since then has been a 2006 Lincoln Navigator purchased after one year of use at a used car auction for half of sticker with 30,000 miles in 2008. We still have this car and it has 208,000 miles on it now. The car would be worth the same $ with that many miles so I saved $30+ thousand dollars.
