Maintaining an old automobile?
Dr. Semi-Evil asked:
I would like to hear from everyone their opinions on maintaining an old automobile (10 years+) versus purchasing a new automobile. Is it worth once a year paying a large sum to replace parts as they wear out versus having a car payment each month? I have a car that is over 15 years old and inevitably, every August/September, I have to invest an average to sizeable chunk of change into replacing parts that simply give out due to age. This pales in comparison to a monthly payment made towards a new car, but having your car in the mechanic’s shop for almost a full week or longer waiting for near-obsolete parts can be inconvenient. I’m interested to hear from both sides of the coin, in particular those people who have older cars and who can feel the pain of the point that I have illustrated here. I know you can have a Model T that still runs well, but should I keep investing money into a car that runs perfectly but every year has one or two major repairs to be done?
Brett
I would like to hear from everyone their opinions on maintaining an old automobile (10 years+) versus purchasing a new automobile. Is it worth once a year paying a large sum to replace parts as they wear out versus having a car payment each month? I have a car that is over 15 years old and inevitably, every August/September, I have to invest an average to sizeable chunk of change into replacing parts that simply give out due to age. This pales in comparison to a monthly payment made towards a new car, but having your car in the mechanic’s shop for almost a full week or longer waiting for near-obsolete parts can be inconvenient. I’m interested to hear from both sides of the coin, in particular those people who have older cars and who can feel the pain of the point that I have illustrated here. I know you can have a Model T that still runs well, but should I keep investing money into a car that runs perfectly but every year has one or two major repairs to be done?
Brett