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i am undecided on keeping 1999 honda civic(71K miles) or trading it in and getting something for it before its worthless. It is paid off, and runs fine, have had issues with exhaust, every 3 years ( in snow belt region ) and A/C going on me. How many more miles can i expect to get out of a Honda and also should i trade it in now while i can still get maybe 5K-6K for it, or stay free and clear of car payments now.
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To me having a car that runs "fine" like you said, free and clear, would be more important. We have 2 Hondas, one has 150k on it and runs fine, the other about 60 k and it too runs fine. But its up to you. Hondas are great cars.
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I would say keep it for a while and start saving up for your next car, you have no payments why add the unwanted stress, plus its working fine... I'm in the same boat so to say only mine is a 94 Volvo with over 209k on it... shop around, if wanting used look on Yahoo autos it seems to come up with some awesome deals that wont be shown on most dealers websites! Best of luck!
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Clark Howard says that to get your money's worth out of a car, you have to keep it 10 years. A Honda has good resale value and a good reputation. With only 71,000 miles, it could last you a long time. Take what you would pay in car payments and put it in a savings account every month. That way, if the car needs repairs, you'll have the money. Also, you'll save up for a good down payment on your next car in a couple of years.
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I have a Honda Del Sol which s basically a Civic with a hard top, so the maintenance involved is comparable.Assuming you care for the vehicle (regular oil changes and the like) you can expect to get at least 100,000 to 120,000 out of it. 200,000 out of a Honda Civic is relatively common. Expect a few things like the oxygen sensors to go around 100,000 miles or thereabouts, but they're pretty cheap to replace. Pay attention to the check engine light.You can also check to see if Honda, like Toyota, offers a 100,000 mile service package. This is basically a low to no cost service done at 100,000 miles that deals with most of the known issues with that make and model. A tune up is performed, a few bits of electronics are replaced and so on.Assuming you take care of the car, the cost of maintenance will be a fraction of the cost of car payments. It's better to put that cash towards paying off debt and building a savings account.Hondas are good cars, and are built to last a long time. They actually have a schedule of how long they expect given parts to last. I recommend looking it up as it's pretty accurate.
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That car has at least 100K more miles of good life left in it. Honda's are reliable and built to last. You can drive it 10 more years. I would never sell a car that you describe as "paid off and runs fine" just because you have 71K miles on it. That's not even considered high mileage for a 1999.All cars need regular maintenance. Any 8 year old car will require repairs now and again. But consider this. Would you rather spend $500 a year fixing things that break or $400 a month buying a new car. Financially, the dependable used Honda is the best answer.
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