As demand for cars is in overdrive, new data from S&P Global Mobility shows Americans are keeping their vehicles for longer. NBC News’ Sam Brock shared more details on the impact of the pandemic on shortages and supply disruptions.
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That mechanic saying the high mileage car is in safe is no necessarily true. A well maintained car is safe and dependable. This is just propaganda.
I keep things until they break
My 2020 fusion is paid off I see my self driving it until the wheels come off
A car is a horrible investment especially if you live in the rust belt. Save your money and don't be a slave to status symbols… get what you need and drive for as long as you can.
How much of y’all can afford a basic entry level car without a loan right now?
I still drive a 1997 geo prizm with 95k mileage
Keeping up with routine maintenance of your vehicle results in longevity. Learn basic maintenance and/or find a trustworthy mechanic.
I have friends who have gone through 2-4 cars despite all of them still running well and they then complain how they have trouble saving money. I thought it would be common knowledge that a car note is a money trap. Got my 2017 Mazda and just finished paying it off. Never wanna do it again unless I need to.
2004 Corolla, paint is rough but it still runs great. Why would I want car payments when the car I have is doing its job.
Cars a a depreciation item. Keep your cars as long as you can. Don’t ever buy new.
They push victimhood does your family feel safe. Don't wish save and work hard. Stop this poor me stuff. We are America
Why would 200K miles make the car unsafe?
If you maintain your car, it's safe.
My family own drives/older cars.
Let someone eat those price-gouging dealership prices.
We love having ZERO car payments.
I'd rather pay to drop a brand new engine in my truck before going intk debt again for a new or even used car
My 2011 doesn’t even have 150.xxxmiles yet and runs great… why go buy a $40k vehicle?
Duhhhhhhhhhhhhhhhh these plastic oversized hotwheels they make now a days do not cut it
My uncle has a van with over one million miles, I know he changed the Transmission 3 times.
New cars are a financial waste of money. It’s bad enough MSRP is grossly inflated, and worse when the dealerships mark up the prices
So this mechanic feels unsafe in a car with 200 K ? Not much of a mechanic.
Get a job
Let it be for a decade longer. The new sales will be on Electric and Nextgen Cars.
Ive had my 2023 accord for about 10 years now.
As we should – it's a depreciating asset. Own & drive it until all wheels fall off, while investing the savings in an indexed equity ETF/Mutual Fund. Our future self will thank this decision, even if the next generation (kids/grandkids) don't.
I really don’t care how many miles I have. All three of the vehicles under me have been 05 or 03. My f150 rn has almost 135k miles on it. Idc, he runs well. I would care about the cost of gas, but I carpool to work so I’m not guzzling it. I do dream of a new car, but the cost of the one I want (I’m talking a Honda civic with a manual transmission) is 60% of what I make in a year (before taxes). Rent takes up almost 20% by itself.
Cars shouldn't be considered disposable…
Just bought my girlfriend a $500 running and driving car and put $100 into it to get it road ready. So glad she appreciates the car and her patience to wait for the right deal.
I have a 2012 Acura TL with 196,000 miles and it still runs like a new car. Planning on still driving it for a while
44000 miles on my 2017 Volvo V40. Great car, will keep it untill its time for the scrapyard.
Because getting rid of a perfectly good running vehicle is a waste of money and resources? Hey, Americans are starting to become more resourceful! Besides, the cost of living is through the roof these days. Who needs a new vehicle?