Why I Drive a 13-Year-Old Car

This is a guest post from Joel Berry. I recently had a talk with a friend about why I haven’t purchased a new car. He can’t understand why I still drive a 1995 Geo Prizm. I can afford to buy a new car, but I choose not to. The fact is, driving an older car saves me money! To prove my point, I ran some numbers. I was surprised by how much money I’ve saved by driving this car for so long. Used vs. new I bought my Geo Prizm in 1995 with 5,000 miles on it. It now has 140,000 miles on it and st