Because new cars – and trucks – are the new money pits.

The way you don't save money.

The reverse of the way it used to be, when buying a new car saved you from pouring more and more money into your old car or truck – which had long since become not worth putting more money into.

This happened pretty quickly because cars used to wear out faster and so cost more to keep on the road the longer you kept them. That's no longer true, either – but in a different way (more on this follows).

The main thing is, it's often cheaper these days to repair what you have than to replace what you have – with something new.