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We have a 1999 Honda CRV with 66K miles on it (we bought it in 2007 with 48K miles on it). Insurance and maintenance cost us on average about $200/month. For th
by Finnucane 5y ago
We have a 1999 Honda CRV with 66K miles on it (we bought it in 2007 with 48K miles on it). Insurance and maintenance cost us on average about $200/month. For the amount of driving we do, it just plain wouldn’t be worth spending more for a new car. We’re figuring when this car finally becomes too expensive to maintain, our next car will be no car, and we’ll just use rental/Zipcar/etc.
- lotsofpulp 5y agoI have a 2003 250k mile 4Runner, and my maintenance calculation is about $1,500 per 50k miles (tires, oil, filters, brakes incl labor). Which comes out to 3 cents per mile, fuel is at 25 cents per mile assuming $4/gal and 16 mpg. I max out liability only insurance at $45 per month for 5k miles per year, so let us round that to 1 cent per mile. So it comes out to 30 cents per mile plus my morbidity/mortality risk. Hard to justify a new car if I am happy with my current driving experience, which all I care about is CarPlay and air conditioning. I am hoping electric cars are fully tested and reliable by the time my car dies. Or someone steals it.