WebOct 25, 2010 · To my credit, I did factor in the possibility of a major repair in my 200,000 mile post. In fact, I used a $10,000 “worst case scenario”, assuming that both the engine and the transmission needed to be replaced. My premise was that one could still come out fine by spending the repair money and continuing to drive the car. WebOct 26, 2024 · Used Cars. Your best bet is to buy an affordable, used car with the money you have saved (combined with the cash from the sale of your current car). That way you own the car, rather than it owning you. Used car doesn’t mean crap car; it just means …
Is It Better to Buy a New Car or Fix an Old Car?
WebMaybe your new job will increase your standing enough to justify a new car, but it probably won't happen after one paycheck. We're talking about a $10k - $20k increase. That's extra cash flow of $800 -$1600 per month gross, which means even less will actually show up on your paychecks. WebAny advice is appreciated! Buying any type of car right now is not that smart of an idea unless your current one is a total junker. $22k for a 3 year old used car is not that good … how much minimum investment in bitcoin
Why Tesla’s Lithium Battery Packs Are Nearly Impossible To Repair
Web2 days ago · Getting into a fender bender used to be an irritating but manageable hassle. More often than not, a cracked bumper cover or a few scrapes on the paint weren’t egregious enough to take a vehicle out of commission, and one could simply ignore the cosmetic damage until it was convenient, or financially expedient, to get the blemishes … WebDrive the car for at least five years or until annual repairs exceed $2,500. When it's time for a new car, donate the old one to charity. While the above is a conservative, inexpensive policy, let's compare that to a more costly one: Buy only new cars because they are more reliable. Drive the car for three years or until a more desirable new ... WebYes, older cars with more miles often cost more to take care of. Their repairs can be more extensive and parts can get costly. There is, however, a point at which it becomes too … how much minimum credit score to buy a house