Originally posted by: Armitage
Originally posted by: geckojohn
Originally posted by: dxkj
Originally posted by: geckojohn
Well, i've had this car for about 4 years now and really love it.. but it had high mileage when i purchased it.. and i've been putting a lot of miles on it every year. My dad just mentioned to me that i should think about selling it or trading it in before the mileage gets too high.
What are your oppinions and advice on this? Should i get rid of it or keep it for another few years? I just don't want to have to deal with putting in a new transmission or being afraid of not being able to sell it in a couple years. I could also use the Tax Writeoffs, since i dont own a house yet...
Mileage is already too high. Just run it into the ground, any amount you put into it will be far less than a new car payment.
Well, i'm thinking about leasing a car.. not buying one. Right now my loan is about $100 a month for another year until the car gets paid off. If i lease a car for about $200, that isn't much more.
Whoa - out of the frying pan into the fire
😕
You're almost own this car (that you really like) outright, but you want to get rid of it so you can double your monthly payment, increase your insurance, and have nothing to show for it when the lease runs out??!
The mileage isn't all that high for a japanese car, and it's not that old. Keep driving it - save some cash for when it does die so you don't have to finance as much on the next car. Having a paid off car is GREAT - just transfer the car payment to savings when it's paid off. You'll never miss it.