Reply to 12 year old car needs $1500 repair; what to do?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's hard to answer your basic question. It could go either way.

However, since this is the M&F forum, I should point out, as others have alluded to, that there's a serious mismatch here between your investment net worth at the age of 40, and the sort of premium/luxury European car makes with historically poor reliability of which you think your family is deserving.

Only in the hope that I might shock some sense into you, I'll note that we're a couple years younger than you, have eight times your net worth, and wouldn't dream of buying something fancier than an ultra-reliable Honda/Toyota. Volvos are horrible cars. If your DH's business takes off, and after you set aside your first $2M, then you can think about getting a Lexus. Make this Volvo your last.[/quote]

[/quote]

NP but I totally agree with you!![/quote]

Could you be more arrogant?  There's nothing attractive about a women bragging about how much money her husband makes. [/quote]

I'm not arrogant. I acknowledge that we've been very lucky. But we also have much more of a wealth building mindset, and, since this is finances forum, and OP is very plainly stating that money is a little tight right now, [b]it seemed absurd that she's driving a luxury SUV in the first place[/b].

Also, I am the husband, and I make the majority of the money. [/quote]

What's wrong with driving a luxury SUV? 
Her car is actually pretty good if she got 12 years out of it.
I had a Toyota SUV that started falling apart after 10 years. I wish I had bought that Volvo.[/quote]

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