Question 1: Would you invest in owned car or trade in for a newer used car?
Question 2: If keep, do you have an estimate that repairs might cost and a time frame that I'd be without the car?
Details: '97 Honda Civic, 2 door coupe. 165+K miles. Engine is great. Car is paid for, no payments.
Needs: Suspension (complete I believe), rotors, brakes, battery.
I've been in contact with some mechanic shops and they quote the suspension work alone as about $2K. The car itself is barely worth $800. With winter coming on I was hoping to make it a little safer for my drive. It is just a beater car I use to get to work/range/around town, but I don't have the money for a new car and I do want to drive this one into the ground (safely) as it's paid off, etc.
So, the suspension is weird as it handles corners decently but when I hit a bump or a pothole, the car will literally fishtail and bounce a little until I get going straight again. I believe I'm a pretty decent driver but this can be the death of me in an ice/rain storm.
Brakes are just plain worn and I need to replace them. They squeal, takes longer to stop, can feel them catching, etc. Last time I rotated the tires I peeked at the rotors and they are scored quite badly. Pads are almost bare. Been quoted about $400 for brakes and rotors.
Finally, take $3K and fix the car and drive it till it dies or use that money to put a downpayment (or buy outright if I can find) a newer used car with hopefully less problems?
Your advice is greatly appreciated. The wife and I are bouncing back and forth on what to do...



Reply With Quote
) .


