Posted on 4/13/2018

So you’ve just paid off your car. It only took a million years, but finally, you can relax and not worry about monthly payments. For at least a week. Because you’re already thinking that you may need to buy a new car. After all, while it didn’t really take a million years to pay it off, it did take awhile, and your odometer shows that you’ve been driving it for well over 100,000 miles now. Isn’t it time to get a new car? Not necessarily -- and especially not if you’d like to hang onto your car for as long as possible. It’s also financially smart to try and keep your car running for as long as you (safely) can. According to Consumer Reports, motorists who have a car that hits 200,000 miles – which generally takes 15 years -- end up saving $30,000 or mo ... read more