Throw $ at paid off daily or cut bait and replace?

[BLAKE]

Looks nice. But I think with the bronze wheels it would look better with the chrome blacked out.

Yeah, I was considering that. I think you might be right on that one. Also, on the other side I painted the center caps too, and that looks better so I'm going to pop these off and do them as well.

[UserX]

Looks nice. But I think with the bronze wheels it would look better with the chrome blacked out.

[Tyrone Biggums]

Solid!

[Captain Crawfish]

Nothing wrong with an Older vehicle as long as it runs good looks good. Fix it up and and keep rolling. My sis just traded her g35 with 180 k for a newer used with 20k. It also came with 25k of new debt.

[BLAKE]

Update for MattB!

Threw money and new parts at it, and even painted the 18" coupe wheels a color I was sure Matt would hate! (Bronze)

The new suspension is a dream. Handles great, isn't too harsh. 350Z suspension and some fancy polyurethane bushings that are squeak-free so far.

Thanks again for y'alls input. I'm ready to drive this thing until it dies, then find another one just like it with lower miles and swap the parts over.

[CRASH]

There's truth in this.


<--- Drives an f'ing civic as well.

LOL @ the white text. I was wondering if anyone would catch it.

[jayjohnson600]

If a person doesn't do the labor, cannot source good prices for parts, and has to pay a mechanic to do the labor, it's usually a break-even or worse than a new auto payment on a yearly basis.

You'll find that people that do most of their own auto work will keep a car long after payments are done. They can also make the determination when a vehicle no longer holds a value proposition to keep maintained.
People that don't do most of their own auto work will opt for a new/newer vehicle.

I haven't had an auto loan payment since 2005. I have no intention of getting one.
Since I do my own mechanic work, I don't think I'll get a new vehicle until I am not able to work on car stuff myself.

The maintenance averages about $50-$75 a month and my labor for 2 vehicles. 1990 Miata, 2001 Silverado 5.3 RCSB.

Miata for commuting, Silverado for hauling.

[Game On]

0% Nigga, what site are you posting on?!

Lol, DFWmustang.Balla.net,My Bad!

[SEB]

different strokes for different folks... I buy my junk with cash, but I buy them out of warranty from individuals. Cash = buying power in that instance. I can get parts/repair labor done cheap and I have multiple vehicles. I also change vehicles often.

For my wife, she never has enough money to buy a nice cash vehicle. But buying a new vehicle with cash doesn't really yield any sort of buying power. She's the type to keep a vehicle for 6-7-8+yrs and run it 150-200k miles. For her it makes sense to buy a new vehicle at a decent price with 0% interest.

I told her long ago if she didn't want to drive the vehicles that I'm comfortable owning and maintaining, she was on her own and to just buy a new vehicle with a warranty. Life has been much better since! LOL

So on board with that buying process. My wife drives a 2004 Tahoe 5.3 4L60E Trans & my work truck is 2004 a 4.8 4L60E & The Rat & The Joker are LS based motors with The Rat having a 4L65E Trans & Joker a 6spd & any side cars I buy to flip & have fun with are motors I know Hence my 92 Flat Black coupe I call The Bucket 5.0 T-5 & I know these motors & body sytles. I would rather pay cash for my cars & buy something I know well then buy a new car & once that 3 years 36thosand miles run out im back buying a new car. I do like Toyota though & everyone in my extended family owns a Toyota. Both my sisters & mom drive Toyota's & my dad drives a convertible 2012 3.7 Mustang

[Josh.0]

upgrade what you have and keep driving it, cash is king

[dcs13]

Life is short, drive what you want...
That said, if you can't afford it, don't stress the finances to get something else. You know the history of your car and its been taken care of I assume.

Decent used cars are bringing killer money right now. I got CRAZY money when I traded my Challenger in July...

[YALE]

Man, I had to google that.Haha.It is better to pay interest on an asset that appreciates over an asset that depreciates. He seems to be in a posotion to go either way.

Just because an asset depreciates, doesn't mean it doesn't have value. Don't externalize your benefits, when you see that asset's salvage value declining.

Paying interest on an asset that depreciates faster than you can pay for it is, in my opinion a bad investment.

0% Nigga, what site are you posting on?!

[petyweestraw]

Or do what a friend has been doing for years. He loves a Tahoe but 99 to 06 ish model. Won't drive anything else. He's been thru four of them. He just keeps getting another one just diff color but he buys under 100k miles. Find a low mileage coupe for a toy and keep your baby for daily.

[Game On]

What about, ceteris paribus, as asset that appreciates? Why the distinction?

Man, I had to google that.Haha.It is better to pay interest on an asset that appreciates over an asset that depreciates. He seems to be in a posotion to go either way.