- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Car Situation: Need Advice
Posted on 12/3/12 at 12:50 pm to Ric Flair
Posted on 12/3/12 at 12:50 pm to Ric Flair
quote:
I would probably just buy a new transmission, as long as you're sure the SUV would last you another year if repaired.
Throw the value of the vehicle out of the equation. You need to figure out the cheapest way to get reliable transportation for the next twelve months. If repairing transmission is cheaper than a one year lease, go with that. Any used car that costs only 2-3K is likely subject to issues like you are having with your SUV.
This
Posted on 12/3/12 at 1:18 pm to Costanza
Agreed. Here's the way I look at it, if I have $2K in auto expense and need to decide whether or not it is worth it, I ask myself if spending that will extend the life of the vehicle long enough so that a car note would break even. If my new note would be $400/month, for it to be worth it the car would need to last another 5 months. Also, factor in the fact that by repairing an old car you are avoiding having to put down a downpayment for however much longer the car lasts.
If I need to put $2K down to get a new car or lease one and I'm picking up a $300/mo note, it is definitely worth it to pay the $2K to get the old car fixed if it will make it last for another few months....
If I need to put $2K down to get a new car or lease one and I'm picking up a $300/mo note, it is definitely worth it to pay the $2K to get the old car fixed if it will make it last for another few months....
Popular
Back to top
Follow TigerDroppings for LSU Football News