How often do you get a new car?
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Cadillac ATS General Discussion Forum Discussion, How often do you get a new car? in Cadillac ATS Discussion Forums; Hey all, Just curious, how long do you own/lease your cars for? I personally love new cars, I don't have ...
  1. #1
    Peyton is offline Cadillac Owners Member
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    How often do you get a new car?

    Hey all,

    Just curious, how long do you own/lease your cars for?

    I personally love new cars, I don't have a wife or kids, got a good job and so I have had 6 cars in the last 3 years...gulp, but I just love having a new car. I got my ATS 3.6 black/black last week and I like it a lot and I'm going to try to keep it as long as possible just seeing what average is, what reasonable is and if anyone else gets the itch to trade like I do.

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    jynxsee is offline Cadillac Owners Member
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    Re: How often do you get a new car?

    Usually about 3 years for me. Though my last car I only had for about 18 months because I wanted the ATS...Badly... :-)

  4. #3
    MyersBalls is offline Cadillac Owners Member
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    I'm typically in the 2 year range although might notate it that long when the ATS-V come out.

  5. #4
    Bertha D Blues's Avatar
    Bertha D Blues is offline Cadillac Owners Fanatic
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    Re: How often do you get a new car?

    I had my previous car 7 years and my wife's car for 8. I've had my truck and other car for 15 and 26 years respectively. Bert

  6. #5
    bluecrayon is offline Cadillac Owners Fanatic
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    Usually like 10 but now that I started leasing my ats, maybe 3. Might look into the ats-v in a couple years!

  7. #6
    stevenzoz is offline Cadillac Owners Member
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    Re: How often do you get a new car?

    I lease and my previous 2 leases were 39 months but I got out of them both around 6 months early to do lease pullaheads into other cars. Anyway, my ATS is 36 months but I'm thinking of just buying it out after the lease because of the sick deal i got. Then when it's paid off, I'll trade it for an ELR

  8. #7
    huna is offline Cadillac Owners Fanatic
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    Re: How often do you get a new car?

    Quote Originally Posted by Peyton View Post
    Hey all,

    Just curious, how long do you own/lease your cars for?

    I personally love new cars, I don't have a wife or kids, got a good job and so I have had 6 cars in the last 3 years...gulp, but I just love having a new car. I got my ATS 3.6 black/black last week and I like it a lot and I'm going to try to keep it as long as possible just seeing what average is, what reasonable is and if anyone else gets the itch to trade like I do.
    Well you are certainly stimulating the economy!

  9. #8
    David is offline Cadillac Owners Fanatic
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    Re: How often do you get a new car?

    I lease; my ATS is for 30 months, the usual length I opt for most frequently. I have owned my '92 Cadillac AllantÚ for 19 years; bought it when it was just a year old.

  10. #9
    GJB's Avatar
    GJB
    GJB is offline Cadillac Owners Enthusiast
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    Re: How often do you get a new car?

    I buy and usually go 5 to 6 years or 90k range. This way I have it paid off for a couple of years with only one major service and enough tread on the 3d set of tires to not replace. The residual value from private sale or trade in goes toward the new car. I like the idea of a lease and a new car more often but the freedom of owning (barely) outweighs it.

  11. #10
    ewellsie is offline Cadillac Owners Member
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    Re: How often do you get a new car?

    Had a CPO 330i for about 3 1/2 years, traded it for a leased TSX for 36 months, then bought a CPO 335i I've had for 3 1/2 years, and now trying to trade/sell that for an ATS lease.

    So I guess I'm averaging 3-3.5 years per vehicle.

  12. #11
    pragmatic is offline Cadillac Owners Member
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    Re: How often do you get a new car?

    I buy used and keep for 12 to 15 years.

  13. #12
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    Lorne is offline Cadillac Owners Member
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    Re: How often do you get a new car?

    In past I had 4 year leases, but I bought out my last car, a 2007 Civic, and drove for 6 years in total, until I bought my ATS. (First Cadi !!!) I got a 3 year lease on the ATS because monthly lease rates for the 3 year lease are quite low, but the buyout is rather high -- I love my ATS, but the high buyout makes me less likely to buy it. I will probably lease a 2016 when the lease is up.

  14. #13
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    thebigjimsho is offline Cadillac Owners 10000+ Posts
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    When I buy a car, I can't even think about the next one...

  15. #14
    Hoosier Daddy's Avatar
    Hoosier Daddy is offline Moderator
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    Re: How often do you get a new car?

    Quote Originally Posted by Lorne View Post
    In past I had 4 year leases, but I bought out my last car, a 2007 Civic, and drove for 6 years in total, until I bought my ATS. (First Cadi !!!) I got a 3 year lease on the ATS because monthly lease rates for the 3 year lease are quite low, but the buyout is rather high -- I love my ATS, but the high buyout makes me less likely to buy it. I will probably lease a 2016 when the lease is up.
    It's not like you have to pay the buyout amount. The car will be worth whatever it's worth. They will gladly sell it to you for the going rate. The lessor would just as soon avoid having to auction it off.

  16. #15
    Lorne's Avatar
    Lorne is offline Cadillac Owners Member
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    Quote Originally Posted by Hoosier Daddy
    It's not like you have to pay the buyout amount. The car will be worth whatever it's worth. They will gladly sell it to you for the going rate. The lessor would just as soon avoid having to auction it off.
    If that's the case, what does the buyout amount mean? Is it only relevant if the car is worth more than the buyout at the end of the lease?

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