dude, thats my car

[glatt]

Originally Posted by dmg1969

I had . . . my current car for the last 9 [years.] I plan on getting a new vehicle next year because it is starting to nickle and dime me to death. My nickle and dime, I mean $1600 last year and $1000 this year. That's a hell of a down payment on a new car.

You can probably expect the car to cost you about $1500 on average a year in maintenance costs from now on. But $1500 a year for a car is a bargain. That's $125 a month. You can't get any new car for that kind of money. Buying a new car is about wanting that new car smell, not about good financial sense. It's virtually always better to keep an old car running than to buy a new one.

[Flint]

Originally Posted by glatt

You can probably expect the car to cost you about $1500 on average a year in maintenance costs from now on. But $1500 a year for a car is a bargain. That's $125 a month. You can't get any new car for that kind of money. Buying a new car is about wanting that new car smell, not about good financial sense. It's virtually always better to keep an old car running than to buy a new one.

I thought this until I realized that I had spent more than the value of the entire vehicle on repairs on said vehicle. Essentially, I could have bought a whole "new" used vehicle with all that repair money. But, what would be wrong with that one? More money spent. How much money does one spend on a series of old, shitty vehicles before just STOPPING that whole process and getting ONE good, NEW vehicle?

Originally Posted by Flint

I thought this until I realized that I had spent more than the value of the entire vehicle on repairs on said vehicle. Essentially, I could have bought a whole "new" used vehicle with all that repair money. But, what would be wrong with that one? More money spent. How much money does one spend on a series of old, shitty vehicles before just STOPPING that whole process and getting ONE good, NEW vehicle?

But... new vehicles need quite a bit of money in annual maintenance as well, and on top of that you have a big car payment. I'm skeptical.. but then, I'm on my second car, I'm 38, and I bought the thing for $500 and then put about $2k into getting it as perfect as an older car can be. So, $2500, and I'm in the same boat in terms of knowing exactly what's been wrong with it, because I basically had it rebuilt. Then, no car payments, $400/year insurance, about $100/month in maintenance over the last eight years, and it's just now needing major repair, and I'm thinking about getting a newer model... mostly because the interior door panels are starting to fall apart, and you can't buy them new anymore.