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Reply to "Help me decide whether to keep my 2014 car"
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[quote=Anonymous]I have a 2014 Subaru Forester with 90k miles on it. Every year it needs about $600 to $800 of work - I'm getting new rear brakes today. It might need new tires later this year. I've heard the engine can need replacing at 100k miles on this particular year/model. This is the family car for camping, visiting grandma, going to Costco. It's also my commuter into the city once a week. It drove 12k miles in the last two years. Our other car is an older sedan that just gets driven around town as a secondary car. Oldest kid is 11, so a third car is some ways off. Carvana puts the trade-in at $10k, which I think is optimistic. I've priced newer used cars to replace it (Subaru or Toyota SUVs) and I'm looking at $30 to $40k which is definitely uncomfortable. Even though major repairs are expensive, it still seems more cost-effective to repair than replace. Are there factors I'm not thinking of? How long would you keep a car?[/quote]
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