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To Fix Up or Trade Up, That is the Question

536 messages,  Last post on Jul 24, 2009 at 9:12 AM

You are in the Maintenance & Repair Forum. Your Host is mr_shiftright

What is this discussion about? Car Safety, Tires, Wheels, Auto Body, Brakes, Engine, Interior, Paint, Transmission, Fuel Efficiency (MPG), Buying Insurance, Coupe, Convertible, Hatchback, Truck, Sedan, Wagon, SUV, Van

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#11 of 536 by wtd44 Feb 16, 2005 (4:25 pm)
So much money wasted-- what a shame. I vote with Mr. Shiftright.
#12 of 536 Re: 1993 Saturn SL1 - repair or ditch? [junglyboi] by cutehumor Feb 17, 2005 (7:35 am)
Replying to: junglyboi (Feb 12, 2005 10:40 am) I would drive it until the engine blows without putting anymore money into it. or sell it asap. I had bad luck like you did. I bought a 138k/10 yr corolla for $2k. I junked it after the head gasket blew and got a reliable car. It needed alot of work!
#13 of 536 beware the travails by wtd44 Feb 17, 2005 (8:03 am)
High mileage vehicles are like time bombs waiting to go off... Replies to this message: armtdm (Feb 25, 2005 4:31 pm)
#14 of 536 high mileage vehicles by armtdm Feb 25, 2005 (4:31 pm)
Replying to: wtd44 (Feb 17, 2005 8:03 am) Not so if maintained rasonably well. todays engines can easily go 150,000-250,000 miles with decent maint. A new tranny, front end etc, is always less expensive then the depreciation hit when that new car leaves the lot. I have three over 100,000 now and doing well and all are safe and realiable cars to drive anywhere.
#15 of 536 It's a question of odds... by Mr_Shiftright HOST Feb 26, 2005 (10:51 am)
I think wdt44's point was not to contend that some engines do in fact go 250K, but rather this: that after a certain point, a high mileage vehicle is subject to sudden and unpredictable disaster. The statistics suggest this is true, just look at the odometers in any wrecking yard, on cars that were not in collisions. Some bad and sudden thing brought them there.   For this reason, I like to advise people to pay very very little for cars with over 200K on them, as their lifespan could be measured in days....or months...or years...nobody knows what's going on in there. Engineers never planned for engines to go that far. Replies to this message: wtd44 (Feb 26, 2005 4:40 pm)
#16 of 536 Re: It's a question of odds... [Mr_Shiftright] by wtd44 Feb 26, 2005 (4:40 pm)
Replying to: Mr_Shiftright (Feb 26, 2005 10:51 am) Right on! I can't imagine that I would ever buy a car that had over 200K on it. In fact, I would walk away from the vast majority of cars with 100K. Only desperation would get me into that position. I like 'em new or near new. During the last quarter of the first 100K of my own miles, I start looking to move on. I don't recommend this avenue to anyone, rather I am just reporting that this is the way I go about it.
#17 of 536 risky business by Mr_Shiftright HOST Feb 27, 2005 (10:15 am)
I'd say about 175K on a modern car or thereafter, it could drop dead any minute and, in terms of market value, is essentially worthless except as a high risk beater. I'd certainly pay well below wholesale book, even for a well maintained car.   Think of it as if you were buying a 40 year old pitcher for your baseball team. His arm could be gone in one pitch. Replies to this message: enate1984 (Feb 05, 2008 1:39 pm) Mr_Shiftright (Feb 05, 2008 6:09 pm) richardson (Feb 05, 2008 6:42 pm) and 6 more...
#19 of 536 Oh, my goodness... by driftracer Mar 26, 2005 (4:46 am)
Dude, you need to contact the hosts to have them delete your post - they don't do the cursing thing here on Edmunds...
#20 of 536 At the same time... by isellhondas Mar 26, 2005 (7:24 am)
They should delete the poster as well.

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