A Functional Vehicle
I have been shopping for a replacement vehicle; and have found none to replace this one. I will care for this vehicle for as log as possible. Now it’s just a little over 120,000 miles, looks good, and is reasonable for insurance cost, license plates, and gasoline mileage. Bought it in November 2009 for $27,000. Allocating the total purchase price over the past 10 years amounts to $2,700 per year, or $225 per month; and it still is functional with an estimated residual value of $5,500.