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Cars and Transportation
Reply to "12 year old car needs $1500 repair; what to do?"
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[quote=Anonymous]It's hard to answer your basic question. It could go either way. However, since this is the M&F forum, I should point out, as others have alluded to, that there's a serious mismatch here between your investment net worth at the age of 40, and the sort of premium/luxury European car makes with historically poor reliability of which you think your family is deserving. Only in the hope that I might shock some sense into you, I'll note that we're a couple years younger than you, have eight times your net worth, and wouldn't dream of buying something fancier than an ultra-reliable Honda/Toyota. Volvos are horrible cars. If your DH's business takes off, and after you set aside your first $2M, then you can think about getting a Lexus. Make this Volvo your last.[/quote]
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