She says:
I could have also named this post “Recent debt temptation” but thought the “drive it until the wheels fall off” was more interesting. It’s been our motto for years regarding our vehicles. We do not have any car debt. We own our 1999 Dodge Caravan with 105,000 miles on it. It has been running like a charm until this past year. Actually almost the moment the odometer hit 103,000, we’ve had one problem after another. After the fourth time going into the shop (and having pretty steep repair bills), I really began to question our decision to continue to put money in this car. I looked around online and checked some car prices, but we are not in a position right now to pay cash for another vehicle. We need a van, only thing that will fit all the kids and car seats and such. We made the decision to try another car repair place (we knew the owner from years back). They fixed all the problems and it runs like a charm again! I hope we get another 105,000 miles out of it! Hey, we are still debt free 
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2 responses so far ↓
1 Not Made Of Money : How To Think Like A Millionaire // Jan 19, 2007 at 1:38 pm
[...] 4. The millionaire next door does not spend all their money on cars. They buy one car and keep it a long time which is usually either a Toyota or Ford not a BMW or Lexus. (We don’t buy new cars and the one we currently have has 110,000 miles on it. See Drive It Till The Wheels Fall Off.) [...]
2 Not Made Of Money : A Review of Money Saving Ideas // Mar 25, 2007 at 5:54 am
[...] Drive a used vehicle with no car payments. We drive our cars ’til the wheels fall off. It really has saved us a lot of money and we are currently saving up for a replacement vehicle. [...]
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