Did I Catch The New Car Four Year Itch?

new-car-four-year-itchIn just a couple of months my very first car that I purchased new, my Honda Civic, will be four years old! Well… four years old to me anyway. I don’t know what month it was manufactured in! When I bought my Civic I bought it with the intention of driving it forever… Well, forever as far as cars go. I figured it’d last at least 10 years before it made sense to replace it due to repair costs of maintaining an ancient car.

It seems I’m a rarity when it comes to car buying behavior. Most people, as soon as their car loan is paid off, buy a brand new car to replace the car they just paid off! I guess people like being in debt and having a car payment, but I’m not a normal person. I did wonder, though, if I’d get the new car itch after the first few years.

Am I Looking For A New Car After Four Years?

HECK NO! That’s the short answer. Do I like looking at the new cars everyone else is driving? Of course I do. New cars are fun to look at! In fact, I like old cars too. But that doesn’t mean I want a different car for me.

I carefully selected the car I bought four years ago to meet my long term needs. I bought a Honda Civic because it got great gas mileage, was a reliable car and it’d last me a long time. I thought ahead and bought the 4 door sedan rather than a 2 door coupe because I knew I’d need the extra doors when I started my family, which I hoped to do while I still own my Civic even though starting a family is still a few years away.

When I bought my car, there were other cars that I liked the looks of better, such as a Pontiac Solstice or a Saturn Sky. Of course, there were nicer cars I liked too, such as BMWs, but they were quite a bit out of my price range for a car. So what was my reasoning behind buying my Civic rather than another type of car?

Why I Bought And Will Be Keeping My Honda Civic

I view my car as a method of transportation. It gets me from point A to point B reliably and it does have a few creature comforts for the longer road trips, such as cruise control. However, I do not want my car to be a status symbol of how I see myself fitting into society. I don’t care how fast it can accelerate. I bought it to fit my transportation needs.

Will I ever buy another car? Of course! I don’t expect my little Honda Civic to last forever but I expect it to last at least another 6 years at this point. I might even buy another new car down the road, although I would definitely buy a used car if it is a better deal at the time. Unless I’m wealthy beyond my wildest dreams though, it won’t be a fancy car and will likely only meet my transportation needs for the next 10 or so years!

How often do you end up buying a new to you car? Do you buy new cars or used (new to you) cars?

About Lance Cothern

Lance Cothern is the founder of Adventuring Dollars and Money Manifesto. He has a Certified Public Accountant (CPA) license from the Commonwealth of Virginia. You can connect with him on Facebook, Twitter, Google+ or Pinterest.

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