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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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#473 of 536
Re: 03 Acura TL 85000 miles [qbrozen] by Mr_Shiftright HOST
Apr 30, 2009 (12:28 pm)
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Replying to: qbrozen (Apr 30, 2009 12:13 pm)

You have to play the odds.
 
The odds (some may exceed the odds, some may not make the odds, but MOST will just about meet the odds) say that at around 175,000K a typical car is just about washed up.
 
That means of course that if you replace a transmission on a car with 135,000 miles on it, that is no guarantee that the rest of the car won't give up the ghost soon after.
 
And if you divide a car's lifetime into say 4 segments, from 0-50K, 50K-100K etc etc, the last two segments are going to be way more expensive than the first two.
 
In theory, you can keep ANY car, even a Yugo, running for one million miles. Why not? All you have to do is keep pouring money into it.
#474 of 536
Re: 03 Acura TL 85000 miles [Mr_Shiftright] by oldfarmer50
Apr 30, 2009 (2:26 pm)
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Replying to: Mr_Shiftright (Apr 30, 2009 12:28 pm)

"...In theory, you can keep ANY car...running for one million miles..."
 
True, just look at Cuba.
 
Maybe now that they are relaxing travel restrictions, I'll take a trip down there and pick up a nice '57 Chevy.
#475 of 536
Re: 03 Acura TL 85000 miles [oldfarmer50] by Mr_Shiftright HOST
Apr 30, 2009 (3:07 pm)
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Replying to: oldfarmer50 (Apr 30, 2009 2:26 pm)

You might find a '57 Chevy but it will have a Russian engine in it, a radiator from a tractor, carved painted wood for trim, and 25 sheet metal patches in the floor.
#476 of 536
Re: 03 Acura TL 85000 miles [Mr_Shiftright] by fezo
Apr 30, 2009 (6:20 pm)
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Replying to: Mr_Shiftright (Apr 30, 2009 3:07 pm)

Sure, but other than that any problems?
#477 of 536
Re: 03 Acura TL 85000 miles [fezo] by lokki
May 01, 2009 (6:18 am)
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Replying to: fezo (Apr 30, 2009 6:20 pm)

I used to work with a cheap guy who just wouldn't shut up about how Sam Walton drove an old pick-up truck. Day after day "Sam WALTON is rich but he drives an old truck...." I finally had had enough and told him:
 
Of COURSE Sam Walton can afford to drive an old pick-up truck - he has money!
  
If anything goes wrong with his truck, he just drives one of his other cars and has it fixed. Cigarette burn in the upholstry? Replace the seat. Scratch in the paint? Have the truck repainted. He can AFFORD to repair whatever's necessary.
 
A poor guy can't afford to own an OLD car and make those repairs - he needs a NEW car with a warranty so somebody else will pay for the repairs.

I'm not sure I actually believe all that, but it shut him up for a looooong time
#478 of 536
Re: 03 Acura TL 85000 miles [lokki] by Mr_Shiftright HOST
May 01, 2009 (8:09 am)
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Replying to: lokki (May 01, 2009 6:18 am)

Well your argument carries some weight in the extreme case at least....the cost of nursing a marginal crippled car around, pouring good money after bad, vs. the $300 a month cay payment and no worries (we hope not at least).
 
It's not easy to spend $3600 a year on an old used car that you desperately need for work, but I'm sure some people are doing that very thing as we speak.
#479 of 536
Re: 03 Acura TL 85000 miles [Mr_Shiftright] by euphonium
May 01, 2009 (9:05 am)
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Replying to: Mr_Shiftright (May 01, 2009 8:09 am)

When buying a "gently used" vehicle from the "Used Car Factory" dealer, the initial depreciation will be $3,600 as soon as you drive it off the lot.
 
There is peace of mind knowing what repairs have been made in your present car vs the "what's next" in an unknown replacement.
#480 of 536
Re: 03 Acura TL 85000 miles [euphonium] by Mr_Shiftright HOST
May 01, 2009 (9:15 am)
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Replying to: euphonium (May 01, 2009 9:05 am)

True but if the car is kind of junky, you are pouring money into a worthless asset. This is painful to do, even if you are driving it.
#481 of 536
Re: 03 Acura TL 85000 miles [Mr_Shiftright] by euphonium
May 01, 2009 (12:24 pm)
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Replying to: Mr_Shiftright (May 01, 2009 9:15 am)

Agree.
 
When its junky - junk it.
#482 of 536
Re: 03 Acura TL 85000 miles [euphonium] by Mr_Shiftright HOST
May 01, 2009 (3:27 pm)
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Replying to: euphonium (May 01, 2009 12:24 pm)

I meant cosmetically junky. It might run okay but it's starting to attract the wrong kind of attention.

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