How many years can you hold on to a particular car model?

**redorange** · March 14th, 2009 02:04 PM

I wouldn't say there is no such thing as investing in a car. Yes, a majority of modern cars will not retain or gain any value for the simple reason that they are mass produced. If you drive a Civic, Corolla or any modern car don't expect it to gain value. However, there are exceptions to the rule such as American muscle cars made in the 60's and early 70's. A lot were sold for $3k-$5K brand new and now some of them in stock condition with the proper papers can sell for 10X their brand new price with some going as far as six figures. Taking into consideration that the owners used them and changed oil, bought gas, etc. it may not seem like an investment that hadn't gained anything. But the owners also enjoyed those vehicles when they used them and if there is one with low mileage then the cost of maintenance would also be low. So in essence the owner would have a car that appreciated in value but also had the chance to enjoy their vehicle(which to me is priceless). There are not many things that you can enjoy using and still gain value as it ages. An investor can't drive or enjoy a stock or mutual fund and even a house and lot really doesn't gain value if you take into the account the cost of maintence and taxes.

**tidus1203** · March 14th, 2009 06:59 PM

We normally hold on our cars for 8 years... Mga barat kasi kami dito eh hehehehe

But since light duties lang naman kami our cars last long. Hell, I still have a 1999 Accord mag 10 years na sa May. We have a Landcruiser also celebrating 10 years this year.

**badkuk** · March 14th, 2009 07:10 PM

is it possible to maintain a car forever? The better question is, do you have the passion, dedication, time and money to do so? heck ,if you have all the money in the world, you can get someone to custom build you whatever parts you need.

**dr. d** · March 15th, 2009 02:42 AM

Originally Posted by redorange

I wouldn't say there is no such thing as investing in a car. Yes, a majority of modern cars will not retain or gain any value for the simple reason that they are mass produced. If you drive a Civic, Corolla or any modern car don't expect it to gain value. However, there are exceptions to the rule such as American muscle cars made in the 60's and early 70's. A lot were sold for $3k-$5K brand new and now some of them in stock condition with the proper papers can sell for 10X their brand new price with some going as far as six figures. Taking into consideration that the owners used them and changed oil, bought gas, etc. it may not seem like an investment that hadn't gained anything. But the owners also enjoyed those vehicles when they used them and if there is one with low mileage then the cost of maintenance would also be low. So in essence the owner would have a car that appreciated in value but also had the chance to enjoy their vehicle(which to me is priceless). There are not many things that you can enjoy using and still gain value as it ages. An investor can't drive or enjoy a stock or mutual fund and even a house and lot really doesn't gain value if you take into the account the cost of maintence and taxes.

hey readers! who among you would exchange your hard-earned monies for a 40 year old, 50,000 dollar car that you'll have to construct a garage for, that you won't dare drive in the rain, and whose spare parts are about as common as a tasmanian tiger?
like i said. all bets are off. vanity. for it hath many faces. the driving force behind the exhilirating prices of these "highly sought-after" cars, is not economics, but vanity! the "i want to own it - look what i have" syndrome! for without vanity, no one will fork out large sums of money for these old cars...
and i won't expound on the economics of how much money you can get when you invest 5,000 simoleons over a 40 year spread. suffice to say, i would sue my banker if all i got was 50,000 clams...

**wren** · March 15th, 2009 04:14 AM

4-5 years, 100K miles, or until the warranty expires. i don't get attach to my cars. i enjoy them while i have them.

**Walter** · March 15th, 2009 10:15 AM

Oldest is a 1994 Lancer GLXi, 115T km.

It's pristine, not prestine.

**OTEP** · March 15th, 2009 11:00 AM

Nakakamatayan na namin ang mga sasakan dito. I guess that's long enough... But for daily drivers, usually nothing more than 20 years old.

**ghosthunter** · March 15th, 2009 12:00 PM

Originally Posted by badkuk

is it possible to maintain a car forever? The better question is, do you have the passion, dedication, time and money to do so? heck ,if you have all the money in the world, you can get someone to custom build you whatever parts you need.

Its possible as long as spare parts can be found or made for the car. Older cars with less electronics are easier to maintain forever because electronics do have a limited lifetime. Classic american muscle cars are examples of what is worth maintaining. There are even a few Ford Model T cars still in running condition.

**testament11** · March 15th, 2009 12:30 PM

kung ako, hanggang tumatakbo at mahal ko ang auto ko, sige lang! lalo na pag may sentimental value ang auto, mahirap pakawalan

**Gen. Miting** · March 15th, 2009 05:08 PM

it really depends. pero statistics show most guys let go of their old cars after they attend a party with most guests having brand new cars at the claim valet.