Reply to Sell or hold on to this old car

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Another vote to hold onto it, not that it is your decision to make.

Your husband is saving a lot of money driving an old beater. He probably only has liability insurance on it, which saves hundreds per year. Even his liability will be a little lower. If he actually has the car insured, you should talk about that because there's no reason it should be. It doesn't sound like you have any transportation needs that are not being met.

And he doesn't have a car payment. And, the longer he keeps this car, the later he'll start making payments and putting wear and tear on his next vehicle. And he doesn't have to worry too much about dents and dings on the vehicle, which are probably already tarnishing your new one.

And you aren't currently looking at a large repair bill. The situation would be different if you were asking whether to spend $1000 on a repair on this vehicle.

Don't worry about the mileage being put on your car for road trips. If most of your driving is in-town, those trips are the nicest miles your car ever sees.[/quote]

OP. Thanks to all PPs. Yes it’s not my decision to make. I asked DH what would be the max repair cost he would be OK to incur and he said $2-3k. That’s a little extreme imo but he listed what I am and will be paying for my new car in expenses by year end. He truly believes his car will last another 2-4 yrs at 15k miles a year. I don’t have to ever use it or even sit in it but kids do so daily so was really hoping for a newer car with safety features etc. [/quote]

In other words, he doesn’t want to get rid of it no matter what.  For 3k you can rebuild the engine.[/quote]

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