Comments: Wanting to Hang Up the Keys

Agree with your philosophy. A lot of miles can be gotten out of properly maintained cars, and it's actually more cost effective to drive them until the wheels fall off, if you can, than to deal with another car payment and the insurance increase. In some cases a rebuilt engine may resurrect a dying car if everything else is in working order, I've gone that route a couple times. Tranny issues, though, instantly junk the car for me, once those go bad they'll never work right again, even with a transplant or rebuild.

Posted by diamond dave at November 16, 2012 11:45 AM

I am on the get a new car side, although it doesn't have to be new new, a new used car would be just as good.

But this is from the person who leases a new vehicle every 2 years.

Posted by Quality Weenie at November 16, 2012 11:54 AM

I just had the annual inspection done on my beater, and once again put a few hundred dollars into it. I know my car is in good shape, but it's old and things wear out.

Cheaper than a car payment every month.

Posted by Ted at November 16, 2012 12:13 PM

For what purpose is money if not to prevent mothers of three from EVER having to find a mechanic? We parsimonious Scottish girls hate to part with the coin, but the idea of breaking down and having to be rescued rankles more than writing a check. I think it's time for a sportscar. A nice shiny two-seater. One seat for you and one for your empty purse. Not even big enough to get groceries, that's what I vote.

Posted by Leigh at November 16, 2012 12:26 PM

Sunk 2,000. for a new transmission into my 2000 Grand Cherokee last year and she runs great. Don't see a need for a later model, but then my travel is probably microscopic compared to yours...

My husband ran with a slow leak in one of his tires for a week before getting it changed; made me crazy thinking of him driving on a hinky tire!

Posted by pam at November 16, 2012 05:21 PM

Get the new car. Not brand new but new to you. Go for it - you deserve it.

Posted by Kris, in New England at November 16, 2012 06:20 PM