- Joined
- Jul 3, 1997
- Messages
- 63,913
- Real Name
- Ronald Epstein
As of the date of this post, I am still two years away from obtaining what I hope will be a vehicle that will last me nearly two decades.
And that may be the most absurd statement that anybody can make when it comes to car ownership.
The biggest mistake I made in my younger years was aiming for luxury vehicles. I have leased an Acura RX, a Cadillac CTX, a Cadillac SRX, a Lincoln MKX, and currently a 2019 Lincoln MKZ hybrid.
Out of all those vehicles I have owned, I actually like Lincoln the best. The MKZ hybrid is a joy to drive. Very smooth ride. However, Lincoln is getting out of the sedan business. And though I wouldn't mind getting back into a crossover or SUV, I am not particularly fond of the new CORSAIR, which is the only option for a hybrid without getting into the ridiculously large AVIATOR.
(All this can change by 2022 of course)
My dream car? BMW X5 Hybrid or a Mercedes GLC Hybrid
However, hybrid cars long-term come with their own problems which include expensive battery replacements.
THE BEST BRAND CAR TO BUY?
I am really hoping to talk to people on this forum who know car brands. Maybe some mechanics here? Maybe owners of German cars like Mercedes and BMW?
I feel as if I have done quite a bit of online research into what cars are reliable and what is not.
If I was to lease a BMW or MERCEDES it would be an easy choice. All the maintenance is covered. However, leases are very expensive when talking about a fully-loaded German car. You have to throw a lot of money down just to get low monthly payments. I always get hosed on leases.
Buying is a long-term decision. You have to factor in how reliable the car will be when planning to hold on to it for a decade or more. In my case, maybe up to two decades.
I don't want to keep having to buy vehicles. I have saved up enough money to buy my dream car.
I would love to buy a loaded BMW or MERCEDES. However, from all the research I have done, not only do these vehicles lose a huge percentage of their value once driven off the lot, but the parts inside the vehicles contain a lot of plastic that erodes quickly and within five years, the expensive maintenance process begins. Most rich people (for which I am not one of) lease these cars rather than buy them.
The most reliable vehicle? LEXUS and ACURA. The LEXUS RX is the most popular vehicle on the road today and it has a tremendous reliability record. Alas, compared to the German vehicles, the tech inside looks awfully dated. Being a tech guy, I find the LEXUS and ACURA to be a bit on the boring side though their ride is supposed to be spectacular.
Cars are obviously not a good investment in the first place. However, it seems I can't have the best of both worlds.
* I want to buy new in order to have the latest tech.
* I want to hold on to the vehicle for at least 15 years if not more. I don't plan to put more than 12,000 miles on it a year. I am retired.
* While leasing probably fits my lifestyle, it takes a lot of money down on a loaded BMW, MERCEDES, or LEXUS to get low monthly payments. And it's just a process that gets repeated every three years. It's a constant car payment.
Maybe the answer is that I buy a German car and continue saving money to have it maintained for the 15-20 years I own it. Those cars are unbelievably expensive to maintain, though.
Thought I would pick brains here. I am not in a hurry to do anything right now. But what I do have is lots of time on my hands to get as much information as I can to make an informed car purchase decision in 2022.
And that may be the most absurd statement that anybody can make when it comes to car ownership.
The biggest mistake I made in my younger years was aiming for luxury vehicles. I have leased an Acura RX, a Cadillac CTX, a Cadillac SRX, a Lincoln MKX, and currently a 2019 Lincoln MKZ hybrid.
Out of all those vehicles I have owned, I actually like Lincoln the best. The MKZ hybrid is a joy to drive. Very smooth ride. However, Lincoln is getting out of the sedan business. And though I wouldn't mind getting back into a crossover or SUV, I am not particularly fond of the new CORSAIR, which is the only option for a hybrid without getting into the ridiculously large AVIATOR.
(All this can change by 2022 of course)
My dream car? BMW X5 Hybrid or a Mercedes GLC Hybrid
However, hybrid cars long-term come with their own problems which include expensive battery replacements.
THE BEST BRAND CAR TO BUY?
I am really hoping to talk to people on this forum who know car brands. Maybe some mechanics here? Maybe owners of German cars like Mercedes and BMW?
I feel as if I have done quite a bit of online research into what cars are reliable and what is not.
If I was to lease a BMW or MERCEDES it would be an easy choice. All the maintenance is covered. However, leases are very expensive when talking about a fully-loaded German car. You have to throw a lot of money down just to get low monthly payments. I always get hosed on leases.
Buying is a long-term decision. You have to factor in how reliable the car will be when planning to hold on to it for a decade or more. In my case, maybe up to two decades.
I don't want to keep having to buy vehicles. I have saved up enough money to buy my dream car.
I would love to buy a loaded BMW or MERCEDES. However, from all the research I have done, not only do these vehicles lose a huge percentage of their value once driven off the lot, but the parts inside the vehicles contain a lot of plastic that erodes quickly and within five years, the expensive maintenance process begins. Most rich people (for which I am not one of) lease these cars rather than buy them.
The most reliable vehicle? LEXUS and ACURA. The LEXUS RX is the most popular vehicle on the road today and it has a tremendous reliability record. Alas, compared to the German vehicles, the tech inside looks awfully dated. Being a tech guy, I find the LEXUS and ACURA to be a bit on the boring side though their ride is supposed to be spectacular.
Cars are obviously not a good investment in the first place. However, it seems I can't have the best of both worlds.
* I want to buy new in order to have the latest tech.
* I want to hold on to the vehicle for at least 15 years if not more. I don't plan to put more than 12,000 miles on it a year. I am retired.
* While leasing probably fits my lifestyle, it takes a lot of money down on a loaded BMW, MERCEDES, or LEXUS to get low monthly payments. And it's just a process that gets repeated every three years. It's a constant car payment.
Maybe the answer is that I buy a German car and continue saving money to have it maintained for the 15-20 years I own it. Those cars are unbelievably expensive to maintain, though.
Thought I would pick brains here. I am not in a hurry to do anything right now. But what I do have is lots of time on my hands to get as much information as I can to make an informed car purchase decision in 2022.