What’s behind Warren Buffett’s car philosophy? Here’s why the billionaire refuses to buy a new one

September 20, 2025

Warren Buffett, known for his value investing, still drives his 2014 Cadillac XTS at 94. Despite his wealth, Buffett prioritizes utility over luxury, valuing his time more than a new car. He avoids the time-consuming process of car shopping, emphasizing quality and longevity.

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