How long do you drive your car before you trade it in for a new car? Perhaps it’s after the car loan ends? Maybe between 7-9 years? My ex Japanese boss used to marvel at me when he saw my speedometer showed 6 figures. He says, that’s unlikely to happen in Japan. Of course, it’s also because in Japan, he stayed in a city which is 200km away from Tokyo and took the bullet train to work, thus, he does not drive to work daily. Yes, he travels close to 450km daily just to go to work in Tokyo from his city! Daily! 🙂
The longer we keep that car, the more money we have, correct?
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