Quote:
Originally Posted by JSH
To me the sweet spot is to buy a 3 year old car off lease and then keep it until it is 10 years old. Not the cheapest way to own a vehicle but I'm now at a point in life I don't have to focus on what is cheapest anymore.
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Yes, I'd be very tempted by a 3 year old vehicle too. Was looking at '17 Chevy Bolts in late 2020. Kicking myself for not grabbing one.
I don't have a hard rule I follow. The most recent car I still own is the 2006 Acura TSX I bought in 2010. Not a single issue with it except that the parking brake line was damaged, which allows water to accumulate, which can freeze and keep the parking brake on. I've got the replacement line, just haven't crawled under yet to replace it.