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I just went over 90,000 miles!

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Originally posted by: Zenmervolt
Turbo Porsche with 147,000. About halfway to a re-build since they generally last 300K if taken care of.

I'd imagine your Bimmer should hit 250K without much fuss.

ZV
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Sweet. I guess I can go at least a couple more years. It seems like it takes at least one model year for them to get the kinks out of any car. I remember the new M3's had problems with either the cylinder liners or the pistons and of course everyone knows about the craziness with the Ford GT's last year.
 
1992 Mustang GT (modded) with 135k...bought it when it was one year old with 500 miles. I thrown tons of mods at it and it still runs perfect, and get's 25MPG on the highway.

The fact I've been using Mobil 1 fluids in everything as long as I've had it probably has something to do with it... The 302's are solid anyhow, and if taken care of last upwards of 300K easily...

Who says domestics don't last...

Not bad for 13 years old and driven in these New England winters
 
Originally posted by: GrantMeThePower
Originally posted by: Zenmervolt
Turbo Porsche with 147,000. About halfway to a re-build since they generally last 300K if taken care of.

I'd imagine your Bimmer should hit 250K without much fuss.

ZV
Click to expand...
Sweet. I guess I can go at least a couple more years. It seems like it takes at least one model year for them to get the kinks out of any car. I remember the new M3's had problems with either the cylinder liners or the pistons and of course everyone knows about the craziness with the Ford GT's last year.
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Now, mind you, maintenace will come up, but you won't need a rebuild until that point most likely.

In my experience it's the 200K mile mark where cars start getting more expensive. Still, it is cheaper to continue paying for repairs on an older car than yo make payments on a new car. Even if you have to put $1,500/year into the car, that's still only $125 a month, much less than a new car.

ZV
 
Originally posted by: Sheepathon
Originally posted by: Sphexi
Originally posted by: Sheepathon
Broke 150k yesterday on my 93 camry.
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Is it the Deluxe?
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Yes, with power nothing and a 5 speed. Crackass car, but it still drives well.
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Aww see mine is auto, and with power EVERYTHING, like windows and doors and all.
 
Got a Corolla with just about 185,000 miles on it. It's a '93. Body looks like new, seriously. Interior's in good shape too ... new headliner 😉.
 
Originally posted by: Zenmervolt
In my experience it's the 200K mile mark where cars start getting more expensive. Still, it is cheaper to continue paying for repairs on an older car than yo make payments on a new car. Even if you have to put $1,500/year into the car, that's still only $125 a month, much less than a new car.
ZV
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You know, it's when I sit down and really think about it that I wonder about it. I honestly think a lot depends on whether you try to keep your car in top-top (cosmetically and mechanically) condition, or if you just shrug off some things due to age. And $1500 a year isn't an unrealistic repair budget, unless you do a lot of work yourself.

I look at some of these lease deals for $250-350 a month and I really wonder if it's not a bad idea for a lot of people. My current trend is to buy nice used vehicles that have already taken the depreciation hit, which I tell myself is the financially smart thing to do, but sometimes I'm not so sure.

If I *knew* that I was leasing a vehicle and/or only keeping it for 2-3 years tops, there are a ton of things I would do differently than I do now. Tranny flush? Oil changes every 3k miles? Wax every 6 months? Rear diff service? Expensive tires? Coolant flush? Fuel injector cleaner? Synthetic oil? Upgraded replacement parts?? Why bother? I could probably save myself $500-1000 a year just in optional maintenance, if I just kept telling myself that I wouldn't own the vehicle very long... that's 4 months of lease payments, under some of these offers!

Also, having owned a few cars that were betwen 5-10 years old, vs some that were 0-2 years old, there is a huge difference in technology, comfort, noise, etc. Take a "luxury" car from 1992 and compare it to a "luxury" car from 2002. There is no comparison. You can find cars from any era that excel in any one category, but as a whole - newer cars are a heck of a lot better. Hell take your average 1995 "sporty" car and put it on the line next to a 2002 Accord and see who wins? Or take an early 90s supercar and put it next to a turbo neon? LOL

Just throwing this out there. I absolutely think the people that use a lease to afford a $50,000 car when they make $20,000 a year are nuts - but I'm not always sure that holding on to old cars is a good plan. I've watched people sink thousands of dollars into cars that were pieces of crap - when they could have taken the same $ and used it as a down payment on something they wouldn't have to worry about. But you get stuck with a $2500 repair bill, and no car, and what do you do? You fix the pos.
 
Originally posted by: ThisIsMatt
Wow, a whole 90k!!! Awesome job, German engineering!
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LOL;
my 1995 Chevy van has 281,000 miles.
original engine/tranny rearend,

it is getting rusty tho. Darn road salt around here.
 
My '99 Grand Am is aobut to his 90k miles too. I think I'm at about 88.5k right now. Got it new at the end of '98.
 
Originally posted by: flot
You know, it's when I sit down and really think about it that I wonder about it. I honestly think a lot depends on whether you try to keep your car in top-top (cosmetically and mechanically) condition, or if you just shrug off some things due to age. And $1500 a year isn't an unrealistic repair budget, unless you do a lot of work yourself.

I look at some of these lease deals for $250-350 a month and I really wonder if it's not a bad idea for a lot of people. My current trend is to buy nice used vehicles that have already taken the depreciation hit, which I tell myself is the financially smart thing to do, but sometimes I'm not so sure.

If I *knew* that I was leasing a vehicle and/or only keeping it for 2-3 years tops, there are a ton of things I would do differently than I do now. Tranny flush? Oil changes every 3k miles? Wax every 6 months? Rear diff service? Expensive tires? Coolant flush? Fuel injector cleaner? Synthetic oil? Upgraded replacement parts?? Why bother? I could probably save myself $500-1000 a year just in optional maintenance, if I just kept telling myself that I wouldn't own the vehicle very long... that's 4 months of lease payments, under some of these offers!

Also, having owned a few cars that were betwen 5-10 years old, vs some that were 0-2 years old, there is a huge difference in technology, comfort, noise, etc. Take a "luxury" car from 1992 and compare it to a "luxury" car from 2002. There is no comparison. You can find cars from any era that excel in any one category, but as a whole - newer cars are a heck of a lot better. Hell take your average 1995 "sporty" car and put it on the line next to a 2002 Accord and see who wins? Or take an early 90s supercar and put it next to a turbo neon? LOL

Just throwing this out there. I absolutely think the people that use a lease to afford a $50,000 car when they make $20,000 a year are nuts - but I'm not always sure that holding on to old cars is a good plan. I've watched people sink thousands of dollars into cars that were pieces of crap - when they could have taken the same $ and used it as a down payment on something they wouldn't have to worry about. But you get stuck with a $2500 repair bill, and no car, and what do you do? You fix the pos.
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Some good points, it comes down to what you want. I don't think that I could even let a leased Kia go more than 3,500 miles between oil changes so I wouldn't be saving on maintenance.

I like the older car route. My '95 Lincoln that I drive daily has been only $1,000 in non-maintenance repairs in the two years I've owned it and it's not appreciably below the amount of luxury offered by brand new luxury cars. The '86 944 Turbo runs 0-60 in low 5s and out-corners that turbo Neon while having cost me a grand total of $9,000 including purchase price and routine maintenance.

A new car of the same calibre as the Lincoln would run me $45-50K. The 944 Turbo, $60K or more. Plus similar levels of cost to keep going. I'd have a $600/month car payment easily (I drive way too much to manage a lease, the miles would kill me). With that kind of car payment I'd be spending my entire repair and maintenace budget for the cars in 3 months.

ZV
 
Over 125K on my '92 Toyota Cressida.
But it leaks oil and is in only fair condition.🙁
Would be lucky to get $400 for it.
 
Just hit 196k in my '95 Ranger. Set to replace the clutch next week and it's overdue for an oil change.

Still looking for a supercharger for it. 😀
 
Also, having owned a few cars that were betwen 5-10 years old, vs some that were 0-2 years old, there is a huge difference in technology, comfort, noise, etc. Take a "luxury" car from 1992 and compare it to a "luxury" car from 2002. There is no comparison. You can find cars from any era that excel in any one category, but as a whole - newer cars are a heck of a lot better. Hell take your average 1995 "sporty" car and put it on the line next to a 2002 Accord and see who wins? Or take an early 90s supercar and put it next to a turbo neon? LOL
Click to expand...

yea old cars just suck. older luxury car is easily beaten by say a current camry or accord even.

and yea miles isn't the difinitive measure of age..too many other factors. 90k miles in snowy areas are much worse then 90k in say california or such. lead foot or not...maintenance or not....
 
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