Are you really putting $3-5K annually? That seems high, at least based on my own experience. I could see spending that kind of burn rate for maybe 18 months to rehab a 200K LC that had not yet had any major compents touched, but from there I would think it would drop down to a lower level of mostly replacing consumables - fluids, filters, brake pads, tires, etc - with maybe the occasional (ever 18-24 months) $1K surprise repair. That said, I can easily see spending $3-5K per yer if you start adding in modifications after you've already tackled baseline maintenance, like sliders, roof racks, bumpers, etc. Unless the LC in question was fundamentally flawed to begin with, once you've spent $6-8K on fixes and preventative maintenance, there isn't all that much left to break or replace that isn't already new again. If one does end up spending that much, it could also be a case of bad decisions - e.g., you're doing a timing belt anyway and choose not to replace the associated water pump or associated pulleys, then 6 months later you end up basically doing it over again to fix a bad pulley bearing or water pump.