General Discussion

They're too costly to repair at some point. Back in the late 60s and 70s, I went through a long string of buying 10 year old cars for $100, fixing what was broken and detailing them so I could sell them for $250. Sometimes I made more money than that on those projects. Five years later, probably not one of them was still on the road.

Today, car repairs like that are completely out of the question. Just the cost of parts, if you can even find them after 10 years, is often more than the value of the car. Never mind the labor. Cars are not build to last 15 years. None of them.

Just don't take out a 15 year car loan. Ever.