With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
It's a blue 1992 Mazda Miata with a hardtop. I've owned it for about 7 years. No mods besides basics like a bluetooth radio and a short fixed antenna (instead of the factory retracting whip antenna). Maintenance is easy and replacement parts are dirt cheap. Recently replaced the clutch master/slave cylinders for about $40 worth of parts. A set of four tires can easily be found under $400. It averages around 26.5 miles per gallon in combined city/highway driving and I got 32 on my last long distance highway trip.
I live in a 7a USDA Plant Hardiness Zone, so it gets down to around 0°F and salt is definitely used in the winter. However, if I drove a different car, then it would be the one to get the additional wear and tear. Seems more cost effective to limit the exposure to one vehicle.
Also, I'm not one to baby my belongings. I mentioned the car is blue from the factory, but it's currently rocking a used red front bumper cover and hood after a front-end collision. In another example of my vehicular abuse, I had to replace the power steering rack after a failed attempt at a creek crossing. Water got in the original one and it started getting crunchy. Parts aren't too expensive though, so it was fixed with a $400 remanufactured unit off eBay.
E: This Miata got pulled out of the creek the next morning after we sobered up and went out to buy a tow strap. Again AMA.