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Reply to "12 year old car needs $1500 repair; what to do?"
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[quote=Anonymous]I've made the same calculations on my 2004 Acura. But mine has only 120k miles, so I have made a couple of fixes on it in that price range. I like my car and don't really want to shell out for a new one, so I don't mind spending a couple thousand each year to keep it running a bit longer. If you think you'll be in a better place in a year or two, could you consider a lease? The monthly payment on a basic car would be less than a payment if you purchase, and in two years you might be in a better place to buy again.[/quote]
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