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Toyota Motor Corporation (TM)

NYSE - Nasdaq Real-time price. Currency in USD

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135.87

+0.30

(+0.22%)

At close: 04:00PM EDT

136.87

+1.00

(+0.74%)

After hours:

05:27PM EDT

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Image source: Getty Images One of the best ways to save money on your vehicle costs is to hang on to the same car for as long as possible. You may have heard that a self-made millionaire is more likely to drive a 10-year-old car than the newest model, and for good reason -- a vehicle is a depreciating asset, and by minimizing the amount of money you're sinking into it, the more you have to allocate in ways that can actually make you money.