7 of 8
BACKNEXT
Dick Flores: 2000 Honda Accord
Dick Flores: 2000 Honda Accord
Dick Flores with his 2000 Honda Accord.
Location: Gooding, Idaho

Why I'm keeping my Honda: My wife and I are retired, but we're not living on a fixed income. We have money for our needs and most of our wants - so long as we don't want a 30-foot sailboat.

We could afford a new car, but we're keeping our 2000 Honda Accord because they are completely reliable for at least 200,000 miles. My Honda dealer recommends the service and maintenance I need, which isn't much, and at 140,000 miles it is an extremely comfortable and safe car. When we do buy, it will be another Honda Accord.

We're letting our equity funds set now, and we're a little bit nervous about our investments. We'd rather cut back on expenses until we know where the stock market is moving. If it turns around, we would consider buying a new car earlier than our two-year plan. But who knows?

My thoughts on the Big 3 bailouts: I've thought a lot about the Big Three. Ford is on the right track, because they are just as reliable as Honda and Toyota. GM's products are not competing with foreign automakers. Chrysler is a mixed bag--they make a good pickup truck, but their family vehicles can't compete.

Overall, I think the decisions our auto companies make aren't in line with what they should have seen coming. They're out of step with what's happening in our country.

NEXT: Kristina Sadlak: 2008 VW EOS

Last updated June 15 2009: 10:18 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Find Your Next Car
More Galleries
8 great convertibles for summer Slap on some sunscreen and hit the open road in one of these fun open-top cars. More
Corporate America celebrates gay marriage decision Big business took to Twitter to celebrate Friday's historic Supreme Court decision. More
Vacation experiences of a lifetime From spending months at sea cruising across the world to stepping right up to sea lions in their natural habitat, luxury travel network Virtuoso surveyed nearly 6,000 people from 60 countries to find out which vacation destinations top their lifelong bucket lists. More

Special Offer