Depends.
Is gas mileage very important?
Is having a car that is good in snow important?
How about ABS?
How about the need to fix stuff as stuff on your ~20 year old car fails?
With the above said, I was LMAO when I read that question!!!
For the past SIX PLUS YEARS, at various time, I've had to use/depend on my now 25-year old 150K mile, Mustang for transportation. Even though I have two newer GM cars. Oh, wait, I meant to say TYPICAL STREAM POS MEGA CR*P GM cars (IMHO, that applies to *ALL* GM CARS!!).
I've had to drive my Stang in snow storms, and so on. Sorry, I'm sick and tired of the PURE S***T that GM puts out (since the 70's!). Also, I'm a decently paid engineer (no complaints, really!). And, there are a number of times when it is very important that I'm at work (verses taking a day off).
So, I decided over a year ago that I need a GOOD RELIABLE NEW car. Why? So, I can work on my Stang (plenty of neato mods waiting to be put on, but sitting in my basement!) and not have to worry about my POS GM cars falling apart again.
I was going to buy a Prius (see some previous posts of mine). But, Toyota, and the Prius, are heading to the POS GM way of doing things. So, I'm now waiting, and WAITING, for the Ford Fusion Hybrid Plug-in (again, see some previous posts of mine) to be introduced and have at least one year of being on the road, while I track every comment in a Fusion Hybrid plug-in forum. So..., I just finished a very expensive engine R&R and referb on one of my GM cars in HOPE that that POS GM car will last for 2 more years. Do, I 100% trust it? LMAO! I said it's a *POS GM* - of course I do NOT trust it to last two years!
But...., I have my "always ready" '86 Stang for WHEN one or both of my POS GM cars puke. So, thanks to my 1986 Mustang, I am able to wait for the ~2014 Ford Fusion Hybrid plug-in. And, not to get stressed about not having a car to get to work. I have 4 Blizzak snow tires, and ABS on my Stang (M2300K brake upgrade & 95 Cobra ABS). So, even though I winch at taking my Stang out if there's snow pack on the road, or if it's snowing
Note, I also do preventative maintenance. IMHO, a must in any old car.
I know other people have a Fox as a DD. But again, with a car that old, things will go. I had to replace the steering pump about a year ago (that was while it was my only working car, I replaced it in under 2 hours at night). And now, the fuel gauge works only sometimes. Yea, BFD! Most of the stuff with a Fox you can replace in ~1-4 hours. Heck, some people can replace trannys in under 8 hours.
IMHO, the two cars that I'm looking to retire with is simple:
1) My 1986 Ford Mustang
2) My ~2014 Ford Fusion Hybrid plug-in (don't forget, my Stang is 25 years old and still going strong!
I have better things to do than to screw with POS GM cars.
Just my two cents, (and three cents, and four cents...