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Reply to "How much is too much to pay yearly in repairs for a paid off car?"
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[quote=Anonymous]I buy less expensive cars. I've calculated that any car costs me about $2,500 in new vehicle price plus repairs and services a year. Problem zones for me are when a car could have a "walk home" problem: engine, transmission, major electrical problems. Any of these at a certain point, the car becomes too risky to fix. You can estimate how much a new car will cost you. I would say your car might be worth another 5 years. Unless it has critical problem like those above. Repairs are expensive in the DMV. And a lot of places over-recommend work. That's typical of the industry.[/quote]
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