Keeping Your 300C for the Long Haul

Owning a automobile has always been much more than just having a reliable car that gets us places, we place a lot of focus and energy in making sure we have a stylish car like a Chrysler 300C that will impress our friends, family members, and are downright sexy. Cars tend to depreciate very fast right away and then hold their value for the most part after that. During the first three years of ownership, a typical car will lose 50% of its value. However there are exceptions to this rule of thumb. For instance a two year old diesel Chrysler 300C with 30,000 miles on the clock is today worth an impressive 67 per cent of it's cost when new in the United Kingdom. Most cars however tend to depreciate very fast right away and then hold their value for the most part after that. During the first three years of ownership, a typical car will lose 50% of its value. If buying the right car and keeping it for 15 years could save you tens of thousands of dollars. When you keep a vehicle for a long period of time, you’re going to see depreciation, but it won’t be nearly the rate if you were to keep buying newer cars, trading them in, and then letting them depreciate, also by buying the 'right' car in the first place you should be happier with it for a longer period of time. What if rumors are true and in a year or so they quite making a 300C ?
For practical folks, Consumer Reports actually did a study on how much you can save by keeping a vehicle for a long period of time and they found that owners who buy a new car and keep it for 15 years or 225,000 miles of driving will save you on average $31,000 versus trading your vehicle in every few years. There are a number of other benefits to keeping a car for a long period of time. You don’t have to worry about the hassle of buying a newer car and making sure that you’re getting a good deal and not buying a lemon. You don’t have to worry about trying to sell your older car, and you know the exact vehicle history of the car that you’re driving.
Buying a car like a 300C and keeping it for a decade and a half just makes sense financially.

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