Reply to Help me decide whether to keep my 2014 car

Forum Index » Cars and Transportation

Reply to "Help me decide whether to keep my 2014 car"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I have a 2014 Subaru Forester with 90k miles on it. Every year it needs about $600 to $800 of work - I'm getting new rear brakes today. It might need new tires later this year. I've heard the engine can need replacing at 100k miles on this particular year/model.

This is the family car for camping, visiting grandma, going to Costco. It's also my commuter into the city once a week. It drove 12k miles in the last two years. Our other car is an older sedan that just gets driven around town as a secondary car. Oldest kid is 11, so a third car is some ways off.

Carvana puts the trade-in at $10k, which I think is optimistic. I've priced newer used cars to replace it (Subaru or Toyota SUVs) and I'm looking at $30 to $40k which is definitely uncomfortable.

Even though major repairs are expensive, it still seems more cost-effective to repair than replace. Are there factors I'm not thinking of? How long would you keep a car?[/quote]

Everyone is going to tell you to drive your car until it dies --- if you are looking for true financial advice, that is it. Cars are a sunk cost. However, I am in the same boat right now and will be upgrading -- I usually do after 10 years. To me, I'd rather bail out when my car still has some value and I don't have to deal with the maintenance that comes with old cars. Plus safety and EV technology have come so far in the past 10 years that my car (2013) feels particularly dated these days. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics