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Reply to "Sell or hold on to this old car"
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[quote=Anonymous]I'm the recent poster whose car was side swiped last week. I am the female counterpart to your husband. I purchased my car brand new in college and swore I would keep it through at least my first kid. 250k miles later and two kids (4 and almost 2). My go no go cutoff for repairs was about $2k a year as well at this point, however I did rebuild the transmission in 2014 as we had just had our first and I didn't want a car payment. We actually live in the city so on a daily basis I only drive it locally, however we do take our car on long road trips without hesitation. I know my car very well and know exactly all the repairs that have gone into it and feel pretty comfortable and confident driving it outside the city. I am not a car person so for me putting that money into some of our investment properties was how we chose to spend that money. I was truly hoping to reach 20 years with my car but one year shy of that I now have to figure out next steps since someone side swiped me. I get it though. It can be embarrassing driving an old clunker. For me i didn't care. everyone I went to college with are driving really nice cars and I show up in my clunker. Different strokes for different folks.[/quote]
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