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[quote=Anonymous]We have a 2002 Camry with 147,000 miles on it. My original plan was to hold off until this summer to replace it when our other car, also a Camry is paid off (6 more payments, 0% interest) so as to not be paying two payments at once. It's still in good shape overall, but we're expecting our second kid in June so we wanted something with more room - so we were probably going to upgrade even though we could easily put more miles on it. I had the 2002 car appraised at Carmax about 6 weeks ago and it was around $1,500. Today we got a repair bill for $850. Should we just bite the bullet and pay off the newer Camry ($3,000) now and buy a newer car today. Or should we spend the $850 and get 6-8 more months out of it and stick to the original plan? Any thoughts? Thanks.[/quote]
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