LeAnne
Carpal \'Tunnel
Reged: 08/18/05
Posts: 10232
Loc: missouri
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Re: OT--a vent
01/08/07 05:02 PM
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People always ask H how much one of their old cars are worth? He always tells them that if it's 10 years old or so, has 4 wheels, passes state safety and emissions, it's worth about a 1000.00 Vehicles are the worst investment you can make as far as an everyday driver. Over the past year or so, we have seen the small cars come out of the woodwork, mainly due to the high gas prices. ALL CARS BREAK and need maintenance. Here's how we tell people they need to look for another car. Add up what you spent last year as far as repairs, plus insurance on the vehicle, divide that by 12, giving you a monthly cost. Then price a new one, plus the full coverage insurance that you will need. Don't forget to add in sales tax on the new one(big cost here) then divide by 12 and come up with the monthly cost. If you are spending way more on the clunker, it might be time for a new one. Last year we have had a bunch of peple replacing engines and tranmissions in their cars, much cheaper than buying a new one. We always try to push our customers away from buy here pay here(basically high priced junk). We have a 40.00 checkout that we do for our customers looking to purchase a used car(well worth the 40 bucks) before you buy. Just because it has been inspected for license, doesn't mean that it is not a oil leaking pig from h#ll, that the brakes aren't weeks away from going metal to metal or the antifreeze leaking from the head was spillage. Never trust a used car lot, most are junk they bought at an auction. If both of your cars are under 150,000 miles, they are probably worth fixing engine wise, just depends on what is wrong with them.
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