Is It Better To Fix Up An Old Car Or Replace It With A New Car?
The answer is a balance of several factors: your finances, your transportation needs, and the age/status of the old car. When I buy a new car, I am already planning to buy my next car. As the time for the next new car approaches, I am less likely to repair the old car.
Great answer. Transportation needs vary by region, state, and city. If I did not have to drive to San Diego on the interstate I would have a scooter with a pull along two wheel trailer. Everything is within a 5 mile radius incl. a lake for fishing
I think it depends on the what it'll cost to fix it. I know people who will sink thousands of dollars into repairing an old car. In my mind, once it starts "eating" up the cash, you'd be better off getting a new one (even if it's a used one in better shape).
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