Quote:
Originally Posted by pwd72s
Perhaps it's changes in attitudes as well. Our 1999 Ranger is at the 52,000 miles mark, still runs well, has given us few problems over the years...why should I buy a new something or other?
Cars are losing their role as "status" items these days...I mean, outside of the diminishing in numbers "car guy" circles, few people give a damn about what the other person drives. Back in the 50's, it was a big deal whenever a neighbor bought a new car...all the dads would gather around, discussing the new model machine.
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Her in LV I drive LESS THAN 500 miles a month..6000 a year...so my 98 F150 will do for years to come. It is depreciated out, and if gas goes back to $4 or more, I could park it by the side of the road, walk away and not lose anything. So why would I buy a new one for 20K plus and not be able to get rid of nor drive at $4 plus gas?
As I have said so many times before we are coming into an age of austerity which I have called a Secular Round Head Revolution. The age of keeping up with the Jones is over, it is a matter of the Jones surviving and being able to pay the bills.