Originally Posted by CKN
Originally Posted by Skippy722
Originally Posted by 01rangerxl
Originally Posted by CKN
OP-
For many buying a car with 200,000 miles and putting another 100,000 miles on it is the pinnacle of automotive excellence on BITGO!
Not for me......but for many.
What's BITGO? Bob is the guy oil?
It sounds like you have been buying low quality disposable cars? Those are not for me...
I think he's saying he has no interest in buying any vehicle with high mileage and then driving it even further. I consider ANY vehicle with 200k miles or more a beater, regardless of quality.
THIS^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
And that's perfectly fine, but it doesn't really answer the OP's question of how/why other people might keep a vehicle for a long time or purchase it once its value has bottomed out. We already know you don't like anything old/high miles, especially Crown Vic and 4Runner dinosaurs, but these vehicles do work for other people and are perfectly valid choices if you know what you are doing. Not everyone wants to spend $40k +, then take a massive depreciation hit selling/trading a couple years later because the vehicle is now a dinosaur that might make it to 100k, and repeating that over and over. If it works for you, great. It doesn't for me. I would rather buy what I like and fix it than dump a ton of money into something I don't like that will depreciate rapidly, and will still have maintenance and other expenses.
Spending a lot of money on something because I think it won't/shouldn't last a long time, and repeating that over and over, does not add up to me, but if it works for you, do it!