Reply to running cars to the ground - when a good plan goes bad?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Budget for repairs for the old cars.  Be realistic. How much do you expect to pay per year for the next 5 years?

Budget for car payments for new car.

Compare[/quote]

That is terrible advice.

Based on last 2 months 900 per month X 12 = 10,800 a year.
A 16 year old car that may have a strut break or whatever is a no option towing to a shop best case/major accident worst.

A 10 year old car that is unreliable with electrical issues may be even more annoying - kids stuck at practice or late to work/meeting or just living life in general.

It is more than a monthly payment.
Any car can be maintained to drive.  Reliably and safely is the bigger issue.
I would punt both, buy one used and one new.[/quote]

Well, you just don't know. The last 2 months average is not a predictor of future costs. Cars are like that. The bf of a friend of mine is not a professional mechanic, but a very good backyard mechanic (changed a Porsche transmission from manual to auto, for example), I had a talk with him once about how you decide when to let the old girl go to her rest and he said he could never decide either. 
. 
OP, it might help to go on some car forums because the make and model are going to be a factor. I believe the average age of cars of the road in the US is now around 11 years old. [/quote]

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