While automakers are enjoying robust sales of new cars and trucks in 2014, it would seem plenty of us continue to enjoy the same vehicle we’ve owned for more than a decade. I am one of those people as my 2002 F-150 here has over 245,000 miles and still runs great!
The average age of cars and trucks in the U.S. remains at an all-time high of 11.4 years, according to IHS Automotive and its Polk subsidiary. While sales are strong, old cars are absolutely lasting longer.
I think if you do the regular maintenance, like oil changes as recommended, cars and trucks these days will easily get over 200,000 miles and still run great! I have had to buy a few sets of tires along with a few minor repairs done on my trusty old Ford F-15o pickup truck, but the only ‘expensive’ item was a new transmission a couple of years ago. It’s AWESOME in my opinion to be able to drive a vehicle without having a payment for years after you pay it off! One of the happiest days of my life was years ago, when I made the final payment on this first vehicle that I bought brand new back in 2002!
Would you rather buy a new car and not worry about repairs or drive an old one, with no payment, and risk expensive repairs?