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I like nice cars. But I wait until they’re fully depreciated before I buy. Which means the newest car I’ve owned is the 2006 BMW 1 series I bought for my wife recently for $3,000 ( in Japanese yen ).
I was lucky to buy a couple of 911s back when they were affordable. The 964 I owned was the most I ever paid for a car, $22,000.
My 2002 Benz w210 wagon was about $7,000. That was a little expensive in my opinion, but I hope to keep it for a while.
My cheapest car was a 1999 MK4 GTI which I paid $500 for. Old German cars are especially affordable here in Japan and are always in great shape. I don’t think I’ll ever buy a new car.
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