
So, you’ve just paid off your car. It seemed like it took a million years, but finally, you can relax and not worry about monthly payments. You may be thinking that you need to buy a new car. After all, while it didn’t really take a million years to pay it off, it did take a while, 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. If you could drive your car for another 100,000 miles how much money could it save? It’s financially smart to 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 around 15 years, end up saving $30,000 or more over purchasing a new car. Fortunately, it doesn’t have to be difficult to reach 200,000 (or more) miles, esp ... read more