When you are young, buying your first car is one of those exciting milestones. But as you get older and you keep replacing your cars, it becomes more of an annoying expense that you have to fit into your budget somewhere. Now that you are in your 50s, you might start thinking differently about buying a new car.
If your car is on its last legs, replacing it isn’t necessarily the best thing to do. It’s a lot of money to spend, so you should consider whether it’s the right option before you jump into anything. Think about what you can afford, how much you need a car, and how long you will continue driving for. So, should you buy...