Naseem writes:

Sajeev,

I read TTAC every day but have never commented. I’m not as witty as most of your readers. (Don’t sell yourself short! – SM)

Here’s my problem: I have my head screwed on too tight. I have always loved cars and am always shopping for my next car, but I rarely pull the trigger. My wife has a ‘12 Sienna with 40K miles that serves our family (three young kids) well. I drive an ‘04 MDX with 171K miles and I honestly love it. I really want a new car, maybe another MDX, maybe an F-150, but my MDX keeps going and going with little more than routine maintenance. I’m 41, have a good job, am on track for solid retirement savings, college savings and could afford whatever I want but I’m too financially responsible. Why buy a new car if the one I have is just fine — I should just continue to save, right?

So, I need a reason to be irresponsible and buy a new(er) car. Should I get rid of the MDX before it requires a major repair? What other reasons do you have to justify buying a newer vehicle? (Read More…)