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

[Rick Modena]

i tried to let this go, but i couldnt

My nigga!

[Cooter]

True, if my comment was taken as being holier than thou, it was not intended. I only want to see people have more income stay in the bank. I have been upsidedown before and I am only one set back away from going back there.

I hear ya. Thankfully I've never been upside down on a vehicle

[TexasT]

That's true. Dollars to dollars, fixing is less invested. Thing is, there is a point of diminishing returns on resale. I could easily spend more than its worth and end up with a nice, pretty much worthless 200k mile car.

Plenty of value in reliable transportation. 200k or any amount is nothing when it starts and gets you there and back. Like your house, a daily driver is a means, not an investment. You pretty much have to have a place to live and some wheels to get you places. Depreciation on another eats the value pretty quick. You already got that done on the one you have.

Now as a dfw mustang balla, you may feel the need for a nice whip. It all costs, but I'm pretty sure it is cheaper to keep her.

Your call.

[Game On]

it all boils down to time vs. money... convenience has a price

True, if my comment was taken as being holier than thou, it was not intended. I only want to see people have more income stay in the bank. I have been upsidedown before and I am only one set back away from going back there.

[slow99]

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

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

[Cooter]

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

it all boils down to time vs. money... convenience has a price

[MattB]

Thanks for the replies, fellas. It really is helpful.

I'll make sure and let MattB know what I decide, lol.

Thanks buddy, I can't wait!

[Game On]

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

[slow99]

27 more payments and this Yaris is mine, bitches!

[SVT Lurch]

Can you sell that one and find a newer (still first gen) G with lower miles? It will still probably cost a few thousand, but at least everything on the car is lower mileage instead of just the suspension and whatever else you replace.

[BLAKE]

Thanks for the replies, fellas. It really is helpful.

I'll make sure and let MattB know what I decide, lol.

[sc281]

A real manly man would get rid of that shit box and drive the Fastback daily....

Fuck it, who am I to talk, I drive a Honda Civic every day.

There's truth in this.


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

[fitzwell]

Keep it. Fix what you need & go down the road.

i tried to let this go, but i couldnt

god bless.

Couldn't let go of the knob, huh?

[SEB]

My grandmother said secret to life is pay cash for everything except your house. If you can't pay cash for it. Then you must not really need it or you would figure out a way to get the cash to pay for it.

I don't have a lot compared to most guys here. But what I do have is mine. Keep what you got & drive it till something major breaks. But instead of making a car payment with a car your locked in to. Start saving now while you drive this car you love so much. Then when the shit does break. You have money saved to replace it.