FelixDeCat
Lifer
Who buys a car to get rid of it after only 5 years? That seems like a really stupid financial decision. Even cars I buy used I tend to keep longer. My last one I kept for 7 years. It's only my first car that I kept for only a few years, but it was on it's last legs so I made it last as long as was economically feasible. I wish aluminium and stainless steel was more common in cars, as they usually die due to rust, and not drive train issues. Will be interesting to see how the cybertruck fairs out in 10-20 years from now.
If I bought new I'd want it to last most of my life. Unfortunately they are just not built that way, which is why I can't justify new.
Some people simply like to upgrade their ride if they can afford to do so or necessity requires a larger vehicle.
And now that technology goes out of date quickly with integrated displays, etc., that makes your car feel even older.
I bought a new car in 2019 and it has almost every available option (except leather), but now I am considering a small SUV. I bought the car then because they could not sell cars at the time and I got a very good deal on it.
Its now 60% paid off, which makes me hesitate to run out and go deeper into debt. Otherwise I would do it - after only 2 years - but I am no fan of car payments. 😉