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Old 24 Feb 2004, 06:54 pm
Stewart DIBBS
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Default Re: At what point does a car become not worth keeping?

"Crunchy Cookie" <LSC400@Yahoo.com> wrote in message
news:YhO_b.391899$xy6.2203355@attbi_s02...
> I thought I'd get a little cost/benefit analysis discussion going. I've

always
> thought the best used-car deals were ones between, oh, 2 and 8 years old.

If
> it's too new, you might as well buy new, but if it's too old, you're just

asking
> for trouble, right?


Well, maybe. If you keep fixing the stuff that breaks, theres a lot of
duplicate labour. Lets say you find a really straight 91-93 model whatever
with 200K+ on the odometer, but thats run a big end bearing. You might pay
$200 for it ($100 more than a wrecker would). Lets assume that it a manual
transmission model, as manuals will keep on running unless something relly
catastrophic occurs. (If an automatic breaks, its expen$ive to fix, and can
break again a year later).

Drop the whole engine and trans out, rebuild an engine, split the trans case
and have what ever needs fixing fixed, new clutch, new radiator. Replace all
the suspension bushes, shocks and do the brakes. Replace the exhaust system
if it needs it. Replace the front door hinges so the doors don't rattle.

Lets say all this costs $4500. Yes, its a big job, but done all at once the
labour (most expensive item) is minimised.

You have a car that will last for years more service, barring accidents.

Stewart DIBBS


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