I had a 81 Honda with 150k on it, great mileage, snapped the timing belt with no warning at 4:00AM on the Capital Beltway, at the Rockville Pike exit.
Couldn't justify an upper rebuild (three new valves, valve springs etc.) Stranded with no cell phone and no street lights.... -- Scott Stewart ColdFusion Developer SSTWebworks 4405 Oakshyre Way Raleigh, NC. 27616 (919) 874-6229 (home) (703) 220-2835 (cell) -----Original Message----- From: Dana [mailto:[EMAIL PROTECTED] Sent: Wednesday, April 30, 2008 10:42 PM To: CF-Community Subject: Re: when to ditch a car? I agree. One reason I got the new car was that I was driving to Santa Fe every day. That's 70 miles each way through largely deserted desert, often late at night. Not something I want to do with an iffy car. On Wed, Apr 30, 2008 at 11:24 AM, Scott Stewart <[EMAIL PROTECTED]> wrote: > This makes a lot of sense... but also factor in things like > > Time and trouble taking it to the mechanic > Work time lost w/o a car... or rental while it's being worked on > The unreliability factor... is it gonna leave me stranded somewhere... > > Given my own personal experience.. once the car starts nickel and diming > me > to death, I get rid of it. I've lost work time because I don't have the > equipment/work space to repair, I've been stranded in the middle of no > where. Etc. > > -- > Scott Stewart > ColdFusion Developer > > SSTWebworks > 4405 Oakshyre Way > Raleigh, NC. 27616 > (919) 874-6229 (home) > (703) 220-2835 (cell) > > -----Original Message----- > From: Billy Cox [mailto:[EMAIL PROTECTED] > Sent: Wednesday, April 30, 2008 12:45 PM > To: CF-Community > Subject: RE: when to ditch a car? > > I know this is the conventional wisdom, but it is based on a faulty > premise > - namely that the resale value is the main indicator of your car's value. > In > reality, the value of your car is based on it getting you from point 'A' > to > point 'B' reliably and safely. > > Instead of comparing the cost of the repair to the market value of your > car, > you should compare the cost of the repair to what you reasonably expect to > pay for a newer vehicle in one year. > > So if your choices are a $1,000 repair on a $1,500 car or spending $3,600 > (1 > year of car payments at $300/month), it's already a no-brainer that you > should repair the car, but let's consider other expenses. In one year, > your > paid-off (1998) car's value isn't going to go down much, but your newer > car > could lose 20-40% of its value. You also have expenses related to buying a > newer car, tax title and license, as well as insuring the new car. > > If one year of repair expenses is comparable to the cost of buying and > owning a newer car then it makes sense to buy a newer car if only for > reliability's sake. > > The conventional wisdom is really just an excuse buy the new car you > really > want before you really need to, and no car dealer is going to tell you > anything different. > > > > > No virus found in this outgoing message. > Checked by AVG. > Version: 7.5.524 / Virus Database: 269.23.6/1404 - Release Date: 4/29/2008 > 6:27 PM > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;192386516;25150098;k Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:259485 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
