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Reply to "Sell or hold on to this old car"
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[quote=Anonymous]Keep it. I budget about $1500/yr in expenses for my old car (nearly 20 year old Subaru Forester with 208K miles). It needs to be in the repair shop about 1.5 times per year to deal with preventive maintenance issues. I won't take it on any road trips, however. We just use it for city errands. I told DW we can get her a new car when we have our first baby. I'll keep the beater and pay $1500/yr for repairs. Even a new Subaru Forester will be $500/month in car payments. We are saving a ton of money by not having that monthly expense.[/quote]
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