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Old 03-08-2007, 12:14 PM   #1
Dr. Pimpski
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Default OT: How do you know when to give up on your car and buy a new one?

This is on the main page beacuse I need to reach my decision ASAP.

I hate cars, and want to spend as little money on them as possible. My Buick is probably worth $4k, and I'm about to spend $2k repairing it so that the engine doesn't get shot. Does anybody have a philosophy worked out about when it's no longer worth it to repair your car?

If I get a new one, it will cost $20k or so (Prius), so I don't want to do that either.

I guess my thinking is that if spending 2k can delay having to buy a new one for a year or two, it's probably worth it.

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Old 03-08-2007, 12:21 PM   #2
TMacsOneGoodEye
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Default Re: OT: How do you know when to give up on your car and buy a new one?

I asked this question myself earlier this week.

My transmission went out on Monday, and it's $1400 to fix. I contemplated just getting a new car but changed my mind.

It just depends what you can afford.
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Old 03-08-2007, 12:24 PM   #3
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Default Re: OT: How do you know when to give up on your car and buy a new one?

I can afford either, but want to do whatever will cost less in the long run.

My problem has something to do with coolant and oil getting all up in each other's business.

Last edited by Dr. Pimpski : 03-08-2007 at 12:27 PM.
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Old 03-08-2007, 12:30 PM   #4
DoubleTech
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Default Re: OT: How do you know when to give up on your car and buy a new one?

no sense dropping 2 grand into a car worth only 4 grand.

sell it for what you can get and get a used car... no sense buying anything new.
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Old 03-08-2007, 12:34 PM   #5
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Default Re: OT: How do you know when to give up on your car and buy a new one?

Quote:
Originally Posted by Dr. Pimpski
I can afford either, but want to do whatever will cost less in the long run.

My problem has something to do with coolant and oil getting all up in each other's business.
Meaning that your car could, at any moment, spontaneously combust? Nice. Anyhow, here's my advice: Trade in that Buick and I bet the 2Gs you were about to drop on it will be enough for you to get a good, used Toyota. My first car was an '88 Toyota Corolla and I was driving it around from 1999 to 2001. It ran great, and I was able to sell it for the same money I bought it for ($1500). Outside of the luxury car class, Toyota makes the best cars.
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Old 03-08-2007, 12:40 PM   #6
TMacsOneGoodEye
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Default Re: OT: How do you know when to give up on your car and buy a new one?

Quote:
Originally Posted by Dr. Pimpski
I can afford either, but want to do whatever will cost less in the long run.

My problem has something to do with coolant and oil getting all up in each other's business.

Sounds like a broken head gasket. That's not even a big problem as long as you keep putting antifreeze in your radiator. Same thing happened to me a year and a half ago and they wanted to charge me a crap load of money to get it fixed. Then a buddy of mine said as long as I kept the antifreeze/water topped in the radiator it would be fine. I have to fill it up every three weeks or it starts overheating, but it's been fine.
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Old 03-08-2007, 12:43 PM   #7
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Default Re: OT: How do you know when to give up on your car and buy a new one?

If I get any kind of new car it'll be a Prius or some other hybrid. It's hard to find them used, so I would probably have to get a new one. My wife's dad knows about cars and says that he thinks the car should be good for a couple years longer if we fix this one problem, so I think I'm going to do it.

The '09 Priuses are supposed to push 100 mpg, so if this car could last me until then, it would be cool.

The whole situation sucks though; I was hoping to buy a BRKB share this month and now I can't.
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Old 03-08-2007, 12:45 PM   #8
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Default Re: OT: How do you know when to give up on your car and buy a new one?

Quote:
Originally Posted by TMacsOneGoodEye
Sounds like a broken head gasket. That's not even a big problem as long as you keep putting antifreeze in your radiator. Same thing happened to me a year and a half ago and they wanted to charge me a crap load of money to get it fixed. Then a buddy of mine said as long as I kept the antifreeze/water topped in the radiator it would be fine. I have to fill it up every three weeks or it starts overheating, but it's been fine.
The problem is the coolant getting into the engine, not the other way around. Apparently the engine could have died at any moment.
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Old 03-08-2007, 02:25 PM   #9
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Default Re: OT: How do you know when to give up on your car and buy a new one?

I would give up on the buick and use the 2 grand you would have put into that towards getting a new/nice used car. Something that will get good gas mileage.
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