Comments on: Car repairs vs. car payments

By: bluntmoney

bluntmoney — Fri, 07 Aug 2009 14:38:45 +0000

Dawn, that was an interesting breakdown. It makes me want to calculate the actual total cost of ownership for my car too. Although sadly I don’t have gas broken out separately from my ex’s cars for several years, so it’s impossible.

By: dawn

dawn — Thu, 06 Aug 2009 16:32:54 +0000

I love that Dave Ramsey quote.

I’m with you. I drive a 10-yr-old Honda and hope to get at least a few more years out of it.

I wrote an interesting blog post about my total car ownership costs to date. I’m a pretty good record-keeper, so these numbers aren’t calculations; they’re 100% accurate. I included everything: the purchase price, car insurance, maintenance and repairs and gasoline.

http://credit-blog.creditfyi.com/personal-finances/the-true-cost-of-owning-a-car.html

By: bluntmoney

bluntmoney — Wed, 05 Aug 2009 18:42:15 +0000

Clifford, glad we’re not the only ones.

Craig, yes, but maintenance is easy to predict since it’s usually done on a schedule.

By: Craig

Craig — Wed, 05 Aug 2009 18:04:39 +0000

Maybe per month, but that’s also assuming there won’t be more maintenance throughout the year.

By: Clifford

Clifford — Wed, 05 Aug 2009 12:22:05 +0000

I faced the exact same situation earlier this year. Repairs were around $1,100 and people instantly started saying that it was time for a new car. Considering it was the first $1,100 paid in 2 years I had to question their sanity.