Different oil change question

[Tim d]

I have

The top 1% of 1% consider their vehicle "an investment".

For some, it's a business expense.

For most, it's transportation.

I have 4 vehicles,one is an investment, the other 3 are appliances.

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[Cherokee]

I have

I have 4 vehicles,one is an investment, the other 3 are appliances.

I’m not that wealthy. My Maverick is my second largest investment under my cabin.
My back up vehicle for real bad winter conditions is a 21 year old escape. That’s my appliance.

 

[Tim d]

I’m not that wealthy. My Maverick is my second largest investment under my cabin.
My back up vehicle for real bad winter conditions is a 21 year old escape. That’s my appliance.

My oldest vehicle ( the investment) is 53 years old. My ram and caravan are 16 years old, our maverick is 3 years old. And I'm retired,far from wealthy myself!

 

[Cherokee]

Apparently not near as far as me. :’P

 

[jonshep]

New oil, is about 120 million years old. Old oil is 500 million years old, give or take a millennium. I really don't feel that oil sitting in an unused engine will suffer much degradation, comparatively. I chage oil to reduce the contaminates that occur when the engine is running and going thru hot/cold cycles. I even change the oil in one of my push mowers that does not require oil changes. It doesn't even have a drain plug, so that's a nasty mess. So, pick an interval that you like and change your oil. The last time I checked, Motorcraft oil was being made by Phillips.

 

[Tim d]

A 53 year old vehicle is an investment that usually loses money. I have a relative that bought a 72 Corvette and restored it to as new condition thinking he would make a fortune at Meecum's. He spent over 75k total having the multiple layers of paint removed and repaints, repairing the body, new upholstery, replaced the engine and tranny with the correct ones but not original ones, new top, new windows because the originals were scratched to h*ll. He took to an appraisal event for an upcoming auction and they appraised it at 25k to 30k. If he had invested that 75k he spent in a money market fund he would have made money. Now he can't even enjoy driving it since he had a stroke right after retiring. I purchased my 2005 Mustang last year with 19,800 miles on it. It gets driven occasionally for fun not grocery getting. I paid more than Blue Book for it because of it's condition but I won't ever make money on it. Just the taxes, and maintenance each year is a loss even if I sell it for exactly what I paid for it.

That vehicle was a poor choice for an investment since it was fairly common and had decent production numbers. My cuda was 4 grand brand new and is appraised and insured for 40 grand today.my insurance company regularly recommends increasing insured value.you see those vettes on the road way more than you see a cuda.

 

[Tim d]

I'm not dismissing your Cuda it's a nice piece of history. But 4k in 1972 invested would have brought more than 40k today. I also had a 66 Mustang, not a trailer queen, never touch the road, but a restored driver. Due to events in my life that prevented me from doing the constant upkeep needed and health issues it got in less than stellar condition and I sold it at a loss. Just saying your 53 year old car is worth what you can get. And based on my wife's death at age 50 some of the things she thought were INVESTMENTS didn't pan out since i didn't have years to find a buyer for them. Now add up your insurance cost, maintenance cost, and TIME for the last 53 years and tell me you are striking it rich IF you sell your Cuda for 40k. And based on the inter-web 40k would be for one that is original not modified. All you have to do is find a buyer otherwise as the auctioneer told me about my wife's "investments" they are priceless which means they have no real price to affix to them.

I agree you have some valid points.and I'm not saying it's the best investment. My point being my other 3 vehicles are all depreciating in value,while the Cuda is appreciating in value,which was the point of my original post. Sorry about your wife's passing,my wife turns 50 in 4 days and has an appointment with an oncologist next week for concerning bloodwork. Life can be fleeting....

 

[Snox801]

A 53 year old vehicle is an investment that usually loses money. I have a relative that bought a 72 Corvette and restored it to as new condition thinking he would make a fortune at Meecum's. He spent over 75k total having the multiple layers of paint removed and repaints, repairing the body, new upholstery, replaced the engine and tranny with the correct ones but not original ones, new top, new windows because the originals were scratched to h*ll. He took to an appraisal event for an upcoming auction and they appraised it at 25k to 30k. If he had invested that 75k he spent in a money market fund he would have made money. Now he can't even enjoy driving it since he had a stroke right after retiring. I purchased my 2005 Mustang last year with 19,800 miles on it. It gets driven occasionally for fun not grocery getting. I paid more than Blue Book for it because of it's condition but I won't ever make money on it. Just the taxes, and maintenance each year is a loss even if I sell it for exactly what I paid for it.

That’s because he bought the wrong car for the wrong reason. I can tell you my mother bought a 68.5 gt500KR as a toy and after about 10 years realized that it was an investment. But a fun one. Much like the market cars are a gamble. We never know which one will someday fill a grown man’s childhood dream.
All those are different. Heck I bought a 95 mustang gt last year. That’s not considered a dream car for most but it was one of mine.

 

[Cougar70]

Oil does not break down when unused. If it helps you sleep at night, change it annually, but it's totally unnecessary.

While oil may not break down or may break down slowly, oil can get contaminants from a poorly sealed air filter, moisture in the oil, unburned fuel getting in the oil, etc. and these contaminants can contribute to more wear on the engine, which then can add metallic wear particles to speed up the wear process.

Throw in different engine tolerances which can contribute wear, all of which you have to factor it into the decision on when to change your oil.

 

[The Real Maverick]

Yes but....

People are talking about NOT driving their vehicles.

Little to no driving, little to no wear!

 

[Ozarkbeard]

I have some vehicles that probably don’t get driven 200 to 500 miles a year.im sure some of the rest of you do also.how ofton do you change the oil in them.

Book says once a year, if driven under 10k miles.

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