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Cars and Transportation
Reply to "running cars to the ground - when a good plan goes bad?"
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[quote=Anonymous]We have 2 cars, large SUV and small crossover. 2 kids who are active/sports/etc, We both have commutes less than 8 miles, but with our schedules/sports/carpools we need to ensure cars are available. Vehicles are 16 & 10 years old. under 70k miles (almost all city) on both. the 16 year old is having failures like metal fatigue type repairs so restricted to local driving/non high speed. The 10 year old is more of the electrical manner...sensors failing and intermittent windows not going up or down, not starting every 3 or 4 months for one reason or another. So it is the beginning of the end; as between the 2 it has been $1800 to keep them going in the last 2 months. I have learned my lesson that running cars into the ground; while probably the best return on investment is not sustainable when both are on their last legs.... Buying 2 cars at the same time is not ideal for more than the financial outlay, rather I would be in the exact same situation again if I continue this pattern of keeping cars this long. What would you do? Pump more money into the "newer" 10 y/o for a year or two, replace 16 y/o now? Replace both now and after 5 or 6 years replace one of them to break cycle? Buy one car, lease the 2nd? Obviously the trade in value of my cars is parts/wholesale - I could afford 2 decent 30-40k cars now if I had to, but I prefer not to end up in this pattern of both cars hitting end of life at the same time again. Thanks![/quote]
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