On 2015-05-26 4:51 PM, sf wrote:
> On Tue, 26 May 2015 12:27:55 -0400, Dave Smith
> > wrote:
>
>> She is retired and didn't put
>> a lot of miles on the car, so it was cheaper to spend $100-200 on
>> repairs 2-3 times a year than to make payments on a new car.
>>
>
> For me, the time to get a new car is when I'm spending as much monthly
> to fix the old one as would be to pay for a new one.
>


That's pretty close to my strategy. We are both retired, so having a
reliable car is not as important to us as it used to be. I consider the
cost of repairs versus new car payments. I was spending about $500 per
year on the average to keep that Buick on the road. That's two car
payments. It ran well and handled well. Then the repairs started
getting more expensive. Two years ago the AC died, so I told my wife
to open the windows and drive faster because if I was going to spend
that much money on a car it would be on a newer on.