popeye1250
Posts: 18104
Joined: 1/27/2006 From: New Hampshire Status: offline
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I've been buying new since 1985. An 85 Mercury Cougar, got rid of it in 1994 with 88,000 on it. Then a 94 Mercury Grand Marquis on a lease, bought it, sold it and made $2,000 because it was worth more than the residual value. A 97 Ford F-150, 98 F-150 both Lariats , a 2002 F-150 "King Ranch" with 43,000 on it last may and my current vehicle a 2006 Mercury Grand Marquis. I generally keep them for 3-5 years and get rid of them before they need tires, brakes, shocks, batteries. All that stuff would run you $1,500-$2,000 on a big truck. And also while they still have good trade-in value. When I was a young man I always had older cars so I figure in my middle and older age I'll treat myself to a new vehicle every few years. I didn't mind working on cars when I was younger but now I have no desire to do so. I'll probably keep this Mercury for 5 years or so. It rides great, gets good milage, has real comfortable leather seats and all the bells and whistles.
< Message edited by popeye1250 -- 6/16/2007 6:26:55 AM >
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"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"
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