Quote:
Originally Posted by Sentraguy
Do I scrap a car I know gets good mileage, even though it frequently breaks down, or do I scrap it and start over?
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Scrap the Sentra and get something else.
Our situations are a bit different, but; When I traded in my old Ranger it needed a catalytic converter, brakes, a clutch, a tune-up, and a wee bit of transmission work. I came to a point where I could either fix my truck for ~$2,500-$3,000 or trade it in and get something more economical in the process.
Being a college student my price range was low. After searching high-and-low and playing the car-dealer "why that car sold YESTERDAY!" game for awhile, I found my 4-door, manual-transmission Yaris.
They come in 2 and 4-door hatchbacks and 4-door sedans, and they are one of the most affordable cars out there right now. Mine had just over 28k on the odometer and it cost me $13,000.
EDIT: I got $6,500 for my trade-in, which is probably a big difference between our vehicles and may change your price range.
If you want to finance $160 for 4 years or can afford to spend $8-$10k, you could get a newer Yaris. If you DON'T, you're going to be looking at 100,000+ mile cars like I was for awhile. MY options were:
Toyota Tercel, Matrix, or Corolla,
Honda Civic or Accord,
Ford Focus or Escort,
Or a Subaru or Volvo if the price is low enough (FE would not be top-priority then, but functionality and safety would be great).
Anyway I'm sorry about this rambling post, but the bottom line is if you're spending as much on repairs for this car as I think you are, a newer, guaranteed-reliable car is probably the best investment for you.
If you haven't, spend some time reading the consumer reports auto-issue to. It gives you plenty of info on what cars to avoid and helps you make a more informed decision.
Best of luck.
~Matt