Originally posted by Gunslinger
As a Jeep owner (93 Wrangler) I can attest to the fact that older vehicles are money pits. Mine's paid for so it kinda balances out. My repair sagas are well documented on this board.
Just recently it would not start (Again). I had no spark. While my first instict was that it was a sensor I had it towed to a shop and $216 it turned out to be the coil. It took them an hour to diagnose and 15 minutes to replace.
Don't get me wrong....jeeps are fun but I do miss air conditioning.
See thats the thing.
Yea older cars are money pits.
But then again so are brand new ones.
Think about it.
If its paid for. Its paid for all you have to worry about is fixing it now and then.
Which almost always turns out to be cheaper then the $250 per month car payment.
So you dont have to worry about the payment AND repairs
When you buy a brand new vehicle. By the time you pay off a new vehicle you almost always have spent more on it then you will ever get for it.
Matter of fact As soon as you drive it off the lot its already worth less then your paying for it unless you got a REALLY good deal on it.
I just recently explained all this to my kid when he was moaning about having to spend $1,100 on Repairs for his IZUZU Rodeo he bought outright for cash $2500 2 1/2 years ago.
Other then normal maintenence which he would have to do anyway. He's spent $3600 on it.
Whereas if he had something new in the same time period if he had a payment of even $200 H would have spent $6,000 in the same time period.
and even if he had a payment of only $150 a month he still would have spent $4,500
