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Galenahokie
Joined: 11/10/2003
Posts: 3,154
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I drive a 2015 VW Passat diesel with 140,000 miles on it. I will keep it

until they take the keys away from me. For me cars are machinery. The VW will run all day at 80 mph consuming 40 mpg and go 650 miles between fill ups. Our house that we designed ourselves is 40 years old. Our splurge spending is on travel. Our last big purchase was about a million $ spent helping our daughter in law build her own veterinary hospital. We still have several million left. And once you have substantial investments, modest market moves mean big money. A 0.5% day in the market is 25,000 bucks in one day is you have $5M invested. The biggest luxury of having wealth is freedom from worry about money. And we are Ut Prosim Society members.
Posted: 06/15/2026 at 08:17 AM ET
(In response to this post by EDGEMAN)

Thread Replies (14)

Full Thread →
Why The Millionaire Next Door Drives A Used Car
EDGEMAN 06/14/26 02:59 PM ET
I drive a 2015 VW Passat diesel with 140,000 miles on it. I will keep it
Galenahokie 06/15/26 08:17 AM ET
On the down side, you'll have to pay a lot in taxes on your investments...
EDGEMAN 06/15/26 08:24 AM ET
Almost all my investments are in our retirement accounts, so the taxes are
Galenahokie 06/15/26 03:33 PM ET
I drive...
MP4VT2004 06/14/26 10:50 PM ET
I drive a 2015 Hyundai Sonata
OrlandoHokie 06/14/26 06:57 PM ET
Had the same Silverado from 2003 to 2025. Honorably retired it last year
RoswellGAHokie 06/14/26 08:19 PM ET
Which is why I drive a 2015 Lexus GX 460
Spudnut 06/14/26 06:55 PM ET
…4.6 V8 is bullet proof**
chumley 06/14/26 07:14 PM ET
Unlike the current twin turbo V6.
EDGEMAN 06/14/26 07:26 PM ET
Excellent!**
EDGEMAN 06/14/26 07:05 PM ET
So you’re telling me I should ask for my $75M back?**
HwoodHokie 06/14/26 06:55 PM ET
It’s a state of mind. The CEO of the fortune 100 company drove a 12 yr old
Va AandM 06/14/26 06:01 PM ET
Put real money in your 401k, kids. **
RoswellGAHokie 06/14/26 05:29 PM ET
The millionaires I know buy a new car once every 5 or 6 years and pay cash.
Hokie CPA 06/14/26 04:53 PM ET