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Reply to "give up on 2003 Honda Accord and buy new for grad student?"
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[quote=Anonymous]My 24 year old daughter is a graduate student in occupational therapy. So she has no income currently but will (hopefully) be making in the range of $70-80k by summer. She will graduate in May with $41,000 in loans. She currently drives a 2003 Honda Accord with ~143k on it and we were all crossing our fingers the car would get her through grad school until she had an income and get herself a new one. Today she was driving down the interstate when the axle blew and some other stuff. The car is probably worth $4000. We are waiting on a quote to see how much it'll cost. I think the car is in decent condition otherwise? We'll pay for it, but wondering if it's worth it to put the money into it or just buy a new car. Our Hondas have previously lasted more than 200,000, but we've never had one this old. I feel like it's not the miles, but more the fact that it's 18 years old. [/quote]
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