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

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.

Sep 20, 2025 - 16:00
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What’s behind Warren Buffett’s car philosophy? Here’s why the billionaire refuses to buy a new one
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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