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Old 30 Jan 2014, 06:33 pm
Jay
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Default Keep 2003 TL with 30K miles or get a new car....

I have a 2003 TL that is 11 years old. It has 30K miles. Garage kept. The trade-in value in my area is between 4.5K and 6.5K depending on whetheryou believe Edmunds or KBB. I just had to have over 1.7K worth of work done to the car because a couple of things went. Due to the age of the car,family members are questioning whether it is really worth keeping the car,or as opposed to buying a new one.

The car is in good condition cosmetically and runs fine. I'm just concerned that maybe something else big could go, that may cost closer to what thetrade-in value is, and then it clearly wouldn't be worth continuing to putmoney into it rather than get a new car. If that did happen, then how would I get rid of the existing car, if the car broke down, and brought it toAcura and I decided it wasn't worth repairing...and I wanted to get a new car but not be limited to buying a new Acura rather than shop around?

There are couple of people who tell me the low mileage means nothing and itis time to think about getting a new car given the age. The service repsaid he would would never tell someone with a car that only has 30K miles that they need to get a new one.

What do you think?

Thanks,

J.
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Old 31 Jan 2014, 07:21 pm
Tony Hwang
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Default Re: Keep 2003 TL with 30K miles or get a new car....

Jay wrote:
> I have a 2003 TL that is 11 years old. It has 30K miles. Garage kept. The trade-in value in my area is between 4.5K and 6.5K depending on whether you believe Edmunds or KBB. I just had to have over 1.7K worth of work done to the car because a couple of things went. Due to the age of the car, family members are questioning whether it is really worth keeping the car, or as opposed to buying a new one.
>
> The car is in good condition cosmetically and runs fine. I'm just concerned that maybe something else big could go, that may cost closer to what the trade-in value is, and then it clearly wouldn't be worth continuing to put money into it rather than get a new car. If that did happen, then how would I get rid of the existing car, if the car broke down, and brought it to Acura and I decided it wasn't worth repairing...and I wanted to get a new car but not be limited to buying a new Acura rather than shop around?
>
> There are couple of people who tell me the low mileage means nothing and it is time to think about getting a new car given the age. The service rep said he would would never tell someone with a car that only has 30K miles that they need to get a new one.
>
> What do you think?
>
> Thanks,
>
> J.
>

Hi,
I and family are always Honda/Acura loyalist. If I were you,
I'd just keep drivng it until signs_ showing up indicating major
work is needed, then sell or trade-in pronto.
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  #3 (permalink)  
Old 01 Feb 2014, 05:52 am
Elmo P. Shagnasty
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Default Re: Keep 2003 TL with 30K miles or get a new car....

In article <Q_XGu.12$R07.8@fx01.iad>, Tony Hwang <dragon40@shaw.ca>
wrote:

> Jay wrote:
> > I have a 2003 TL that is 11 years old. It has 30K miles. Garage kept.
> > The trade-in value in my area is between 4.5K and 6.5K depending on
> > whether you believe Edmunds or KBB. I just had to have over 1.7K worth of
> > work done to the car because a couple of things went. Due to the age of
> > the car, family members are questioning whether it is really worth keeping
> > the car, or as opposed to buying a new one.
> >
> > The car is in good condition cosmetically and runs fine. I'm just
> > concerned that maybe something else big could go, that may cost closer to
> > what the trade-in value is, and then it clearly wouldn't be worth
> > continuing to put money into it rather than get a new car. If that did
> > happen, then how would I get rid of the existing car, if the car broke
> > down, and brought it to Acura and I decided it wasn't worth repairing...and
> > I wanted to get a new car but not be limited to buying a new Acura rather
> > than shop around?
> >
> > There are couple of people who tell me the low mileage means nothing and it
> > is time to think about getting a new car given the age. The service rep
> > said he would would never tell someone with a car that only has 30K miles
> > that they need to get a new one.
> >
> > What do you think?
> >
> > Thanks,
> >
> > J.
> >

> Hi,
> I and family are always Honda/Acura loyalist. If I were you,
> I'd just keep drivng it until signs_ showing up indicating major
> work is needed, then sell or trade-in pronto.


....except it's highly likely that the next sign of indicating major work
will be his transmission, and that will mean the car is totaled.

He should get rid of it now, to anyone who will buy it.
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