The Chit Chat Chit Chat Thread

FutureCEO

Well-Known Member
It's purely economics for us (we buy what we can afford, as do many others). In one of Clark Howard's shows Ii'm not sure if he's on CNN currently, but he used to have excellent shows about all kinds of financial things), he talked about car insurance.

It never really dawned on me, until I saw this particular show, just how much difference in insurance premium rates there are between a brand new vehicle, and one that is 1-2 years old, or older. He was saying that you can get a very good used car (with carefully researched buying, etc.) for a few, (or more), years old; and the insurance drops dramatically. That completely changed my view of used cars. Prior to that, I thought you should only buy a new car.


They say an average American buys a car every 10 years for some cars (not trucks or anything or SUV's) but that number seems a bit high
 

MinnieM123

Premium Member
They say an average American buys a car every 10 years for some cars (not trucks or anything or SUV's) but that number seems a bit high

Interesting information--I know that with the state of the economy, that people were hanging on to their vehicles longer than in the past. Not to say that my parents were the "norm" years ago, but I do recall my father saying that they would always trade in the car every 4 years and get a new one.

Anyway, have a good day, and TGIF! I'm off to work now (via bus and train, by the way ;)).
 

The Mom

Moderator
Premium Member
Original Poster
They say an average American buys a car every 10 years for some cars (not trucks or anything or SUV's) but that number seems a bit high

Our family fits that profile. We have a 2002 (back-up car) 2006, and 2012. Might actually keep the 2006 longer than 10 years, as it's running fine. Not driving carpools, etc has helped a lot. And with retirement less than a month away, my husband's driving will drop a lot. (he has the 2006 car)

Our neighbors also keep their cars about 10 years, but they have 3 teenagers now (1 driving, 1 learning, and one only 14), so just pass them down. The other neighbor has a 10 year old car, and purchased a used truck a few years ago (2010) which is 10 years old now.
 

Goofyernmost

Well-Known Member
It's purely economics for us (we buy what we can afford, as do many others). In one of Clark Howard's shows Ii'm not sure if he's on CNN currently, but he used to have excellent shows about all kinds of financial things), he talked about car insurance.

It never really dawned on me, until I saw this particular show, just how much difference in insurance premium rates there are between a brand new vehicle, and one that is 1-2 years old, or older. He was saying that you can get a very good used car (with carefully researched buying, etc.) for a few, (or more), years old; and the insurance drops dramatically. That completely changed my view of used cars. Prior to that, I thought you should only buy a new car.
The last new car I bought was in the late 80's. I kept cars that I liked until I started to not trust them for lengthy road trips, which was one of my loves. For a while I bought cars from auctions. They were a big risk, but, I had good luck with them and paid about 50 cents on the dollar for them so I could afford to make a few repairs and still be ahead. I did that until 2008 when I bought my current car. My 2005 Cadillac Deville was purchased at a dealer. It was actually less then 3 years old and had 24K miles on it. Still had a bumper to bumper 100K mile/5 year warranty. I looked up what it costs in 2005 and it was $55K. Here less then 3 years later, very low mileage, I paid $26K. Somebody took a $29K depreciation on it. However, that somebody was not me. I then knew that buying a new car might have been nice, but, it was a very poor financial move. I have spent a good chunk of change keeping it in like new condition, but, it is that. People that ride in it cannot believe that it is 10 years old. It looks new, it drives like a dream, the mileage is even amazing, considering the size of this boat. (26 mph on a trip, more if I slow down, but I can't because it's on cruise control and everyone knows you don't mess with cruise control :joyfull:)

Anyway, unless something ginormous goes wrong with this car, it will be my last purchase. I plan to drive it until I can no longer drive. My grandkids love it because they have been totally won over by the odds and ends. When I would push the button and a sunscreen comes out of a hidden compartment to cover the rear window, they went crazy. The seats that not only heat in the winter, but blow cold air up through them in the summer is priceless.
To replace that car today, the sticker price is almost $80K. It would be impossible to find a used car that I could rely on anymore then the one I already own. We are stuck with each other.
 

betty rose

Well-Known Member
I'm taking a break from a crafty project (if it turns out I will share a picture of it) so I thought I'd update with a few more London pictures.

I'll start with some food....The first picture is of my ale and pie sampler. The first pie (on the left) was something I thought would be my least favorite and it rivaled my favorite: 1. sweet potato spinach and goat cheese, the middle or #2 was a steak pie, and #3 (my favorite) was ham hock and chicken in a creamy tarragon sauce. The ales were matched with the pies. This was at the Red Lion, if you are in London near Westminster Abbey check it out, very good!
View attachment 101577

Hubby got the full size version of the steak pie. He got a nice little salad with his, apparently the ales were my "veggie"!
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Then another day we went to the Blackfriars Pub (again excellent). And I had another tasty ale, and hubby and I both had sausages and mash (also known as bangers and mash).
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We took the tourist excursion to Harrods, we walked there. We treated it like Wall-Drug in South Dakota, both are so big that we gave ourselves a limited amount of time there. At Harrod's I did buy some chocolates, and a hazelnut hot cocoa mix just for the box. But the hot cocoa will be nice when winter rolls around.
View attachment 101581

Inside Harrods
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After shopping that day we were really tired so we took the tube back to our neighborhood and found a pub. The pub had 2 for 1 burgers on special so that is what we went with. The burgers were good.
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The next day we headed to Windsor castle.
But these are a picture of the Underground stairs at our station, I thought it was cool that the steps were themed to look like the Underground trains, I didn't see all the steps at stations like this.
View attachment 101585

Windsor Castle (we were there first thing in the morning). Again we were only allowed to take pictures outside, no pictures allowed in the State rooms or in the beautiful St. Georges cathedral. I think it is ploy to sell postcards, but they state it is for security and integrity of the palaces and places of worship. So another point in favor of France, they let you take pictures anywhere!
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More beautiful pictures. Thanks for posting these, the burgers looked yummy, along with the pies!
 

betty rose

Well-Known Member
I think they got rid of most of their locations. :( We used to have a few in MA, but I haven't seen one in years now. It was probably the only store in the big mall that I actually enjoyed, aside of the book store. But of course, they also got rid of the mall bookstore, so unless I absolutely have to buy something that can only be found in a mall, I avoid malls completely now. :bored:
Our bookstore went out also. I never understood why. It was always busy, and people were buying.
 

betty rose

Well-Known Member
Some more pictures of Windsor, Kensington Palace & Hyde Park

I like how they made the moat of Windsor Castle into garden area. (not for visitors to roam around in though)
View attachment 101622 View attachment 101623

St. George's Chapel
View attachment 101624

We watched the changing of the guards here at Windsor instead of Buckingham Palace because we heard it was just as good, not as crowded, and we would be closer to the actual guards. It was nice to see but a lot of standing by the guards.
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A look at the castle courtyard
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Kensington Palace
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We were there on July 1st, Princess Diana's birthday. Some people had left tributes to her on the gates.
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The sunken gardens at Kensington Palace/Hyde Park
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The gardens are gorgeous! I love how you framed your picture of the garden behind the arch of green plants. So pretty!
 

betty rose

Well-Known Member
I agree with your hubby that Narcoossee's is a classier setting. I'm used to having really good steak at home, so for me, I'd rather have something else while I'm out. But I think the quality of the meat is the same at Le Cellier and Yachtsman. Le Cellier has better appetizers and sides; Yachtsmans has better service. And while I like the onion bread, I prefer the pretzel bread at Le Cellier. They should open up a stand and sell it outside. So good.:hungry:

To each his/her own, though. :)
I would be all over that. Maybe add a little butter to the bread. ;)
 

betty rose

Well-Known Member
Well, you know Hubby and I are carnivores and loves us some steak! My steak at Yachtsman was the best I have ever had! The fact that they let me swap my side for any I wished was a big bonus.
And the onion pull-aparts ... I am swooning as I type.

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That being said, Mike rated Narcoossee's slightly higher. Certainly a classier setting.
Your onion roll and steak look amazing. Yummy!:happy:
 

Cesar R M

Well-Known Member
Ever since I saw that picture from @Gabe1 , I was wondering how the antenna topper mysteriously came back to her car. Gabe, this is a cliffhanger--can you enlighten us with the whole story please?
Agree.. TO THE MYSTERY MACHINE!!
sfCMWIV.jpg


also, speaking of custom cars.. If I was rich.. Id totally buy one car that looks like Lightning McQueen :p

 

Cesar R M

Well-Known Member
The last new car I bought was in the late 80's. I kept cars that I liked until I started to not trust them for lengthy road trips, which was one of my loves. For a while I bought cars from auctions. They were a big risk, but, I had good luck with them and paid about 50 cents on the dollar for them so I could afford to make a few repairs and still be ahead. I did that until 2008 when I bought my current car. My 2005 Cadillac Deville was purchased at a dealer. It was actually less then 3 years old and had 24K miles on it. Still had a bumper to bumper 100K mile/5 year warranty. I looked up what it costs in 2005 and it was $55K. Here less then 3 years later, very low mileage, I paid $26K. Somebody took a $29K depreciation on it. However, that somebody was not me. I then knew that buying a new car might have been nice, but, it was a very poor financial move. I have spent a good chunk of change keeping it in like new condition, but, it is that. People that ride in it cannot believe that it is 10 years old. It looks new, it drives like a dream, the mileage is even amazing, considering the size of this boat. (26 mph on a trip, more if I slow down, but I can't because it's on cruise control and everyone knows you don't mess with cruise control :joyfull:)

Anyway, unless something ginormous goes wrong with this car, it will be my last purchase. I plan to drive it until I can no longer drive. My grandkids love it because they have been totally won over by the odds and ends. When I would push the button and a sunscreen comes out of a hidden compartment to cover the rear window, they went crazy. The seats that not only heat in the winter, but blow cold air up through them in the summer is priceless.
To replace that car today, the sticker price is almost $80K. It would be impossible to find a used car that I could rely on anymore then the one I already own. We are stuck with each other.
Seems you already have a plan.. car wise!
 

Goofyernmost

Well-Known Member
Our family fits that profile. We have a 2002 (back-up car) 2006, and 2012. Might actually keep the 2006 longer than 10 years, as it's running fine. Not driving carpools, etc has helped a lot. And with retirement less than a month away, my husband's driving will drop a lot. (he has the 2006 car)

Our neighbors also keep their cars about 10 years, but they have 3 teenagers now (1 driving, 1 learning, and one only 14), so just pass them down. The other neighbor has a 10 year old car, and purchased a used truck a few years ago (2010) which is 10 years old now.
I have a question about cars and kids. How many think that they should buy their kids a car when they get old enough to drive? I know I'm old school, but, I always helped my girls buy a car and I may have even let them borrow the money from me to get a down payment and signed for a loan as well, but, it was always their first major purchase and I was not about to pay for them to be on the highway all the time. Probably, just me. Oh, I made sure that whatever they did buy was safe and reasonably reliable, but, it was still their purchase and responsibility. The cars were always in my name and covered by my insurance (which they also had to reimburse me for), but it was their car and I expected them to pay for it. I, fortunately, never had to deal with what I would have done if they didn't pay me, but, I am pretty sure that it would have been sitting in the yard until they did pay.

Now that I read this, I'm starting to feel pretty mean, but, I never heard a complaint from them even to this day. To lighten the burden a little, as each of them graduated from college what ever balance was remaining was forgiven and I signed the title over to them. Which makes me kind of a nice guy since I gave them the car that they had paid for. Now I feel mean again. Not enough, however, to make me think that I would do it any different today. The part that tells the whole story is the thought that I used to have involving the fact that they had to get a job to pay for the car that they could drive to get to their job so they could pay for the car. But, in a way, I guess that is what we all do.
 

MOXOMUMD

Well-Known Member
I agree with your hubby that Narcoossee's is a classier setting. I'm used to having really good steak at home, so for me, I'd rather have something else while I'm out. But I think the quality of the meat is the same at Le Cellier and Yachtsman. Le Cellier has better appetizers and sides; Yachtsmans has better service. And while I like the onion bread, I prefer the pretzel bread at Le Cellier. They should open up a stand and sell it outside. So good.:hungry:

To each his/her own, though. :)
Mmm warm pretzel bread. :inlove:
 

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