Car Owners Fall Behind on Payments at Highest Rate on Record

Re:Car Owners Fall Behind on Payments at Highest Rate on Record by hackeraccount on Tuesday October 24, 2023 @02:56PM (#38003607)

Those cars have 80,000 miles on them and they're 10 years old (or more). I'm sure a Honda is good for 100 - 150 miles. But C'mon- if you pay 8K for a Honda with 80,000 miles in 2 years you're going to be paying 2 or 3 grand every 6 mos. to keep it running. And that's assuming the original owner actually took care of them.

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Re:Car Owners Fall Behind on Payments at Highest Rate on Record by TehShrike on Tuesday October 24, 2023 @05:30PM (#38005929)

I bought our 2008 Odyssey 3.5 years ago at ~163,000 miles, and it's probably going to roll over 200,000 sometime this year. I'm hoping to get it most of the way to 300,000. Maintenance has been well under 1000$/year so far.

I had a similar experience with the 2001 Honda Accord that I drove for ~7 years before we got the Odyssey.

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Re:Car Owners Fall Behind on Payments at Highest Rate on Record by dazc on Saturday October 28, 2023 @03:16AM (#38047858)

I bought a 2009 Focus with over 80k on the clock almost 4 years ago. I've done another 80k and spent nothing over and above regular maintenance and tyres. Off hand, I'd guess 2k max?

I would not have expected to be so fortunate with a Ford but with a Honda I would be, not least because Hondas in the UK are synonymous with senior, careful drivers who look after their cars. As a consequence, it's a much sought after brand in the pre-owned market.

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