Pamflitt, Hawera.

Buying or keeping a car over 40 years old results in considerably reduced registration fees and insurance is a lot cheaper as well. Depreciation is no longer a factor and if you buy the right type of car the worth may actually be going up. Gas mileages on well maintained cars are usually quite good. You also have the chance to meet new people via car clubs etc – never mind the stares from owners of a new car that has just lost them $10,000 by their taking delivery. Plus you are recycling in a big way by not replacing your old car with something newer.