We went the other route...bought brand new (albeit usually a "last year's model", at a huge discount), maintained them meticulously...and drove the wheels off them for 10-15 years! Our reasoning was simple: we lived rural, were hauling babies and kids around, and we did *not* have room in the budget for "unexpected" repairs. Hubby also felt strongly about me never getting stranded on the road, especially when hauling cattle to a sale! (This was also before cellphones)I guess I'm quite old-fashioned. Even making six-figures a year, I never splurged on the luxury of a brand-new vehicle, always opting for late model used. Let someone else eat the depreciation, work out the bugs and sort out the lemons. I'd rather have food on the table, water and electricity.
I have yet to exceed $10K for a vehicle, including several sports cars and vans.
But we also always opted for basic vehicles, which weren't often found on the "barely used" market. Heck, our first car after we were married didn't even have a radio! Hubby's sister borrowed it one day, and just about lost it when she didn't have "tunes" to distract her while driving!
Our last new vehicle was a 2001 GMC pickup...4wd, regular cab, full 8 foot bed. We bought it in the fall of 2002...it had been sitting on the lot for almost a year. Paid exactly $20k, out the door.
We sold it in 2020, for parts...still ran great, nothing wrong with the engine or transmission ..just rusted to death.
Summerthyme
(She has worked fully from home since 2018).

















