I drive a 2003 Mercury Sable that I purchased new with no money down and 0% interest for a 5 year note. It has 200,000 miles on it. I have been pondering buying another car but am hesitating because I really like the Merc and it is paid for. I did some rough calculations and have come up with .30 to .35 cents per mile including every expense I could think of including depreciation, insurance, repairs, fuel cost,license fees, regular maintenance, etc.
I cannot justify the expense of a new car except for the desire factor. It is nice to drive a new car especially the number of miles I drive per year. I am also thinking of waiting until next year to buy the Lincoln MKX my wife leases. Not much of a point here just felt like rambling.
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