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Reply to "Would you put a new transmission in an 8 year old car with just over 100,000 miles?"
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[quote=Anonymous][quote=Anonymous]I had this issue with a 2003 Odyssey. I opted not to put the $3500 into a car only worth $6000k (had 115k miles on it.) I thought about replacing it, but i put a lot of miles on my car (22k/year) wasn't convinced I wanted to drop that kind of money to have the car another 4y or so.[/quote] I'm the above poster who put 2500 (rebuilt transmission) into my Acura. My car was worth about 4500 at the time. However, I did not look at it like you. My alternative was a new car would have cost me 35K...so my decision was 35K or 2,500. That transmission has gotten me another 120K miles and 6 years, with only a timing belt change and a tire change....so that transmission "saved" me $32,500 and I essentially squeezed another full life out of my car. Now, it's time for the car to go because frankly I'm sick of it. There is more "value" in a car than the KBB value, the value is how long will the car last and prevent you from dripping 35K in cash or coughing up a car payment for the next few years of a few hundred dollars a month? IN that time we've fully gutted our kitchen and basement, which would have been used on a car otherwise. I love my new Wolf range better than a new car.[/quote]
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