Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "When to repair versus replace car"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Your opportunity cost on a new Corolla will be $1400 per year even if you pay cash ($35k x 4% that you can earn by just parking your cash in a high yield savings account). Add taxes and insurance and you would be easily spending extra $2k per year if you buy a new car. So unless you think you would need more than that in repairs every year then stick with your old car. Also, are you sure your car needs that 2-3k right now? Each time I take my 18 year old Toyota to a dealer for an oil change I get a quote for 5-6k in “urgent repairs” like a rattling heat shield. [/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
