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bruceismynickname OP t1_iujklns wrote

Reply to comment by Werewolfdad in Should we buy a car (new or used) or put more into my current car than it's worth? by bruceismynickname

Every day - probably around 10-12k miles a year. Yes that's my thought process too! But always heard the advice that if I have to put more into than it's worth then it's not a good idea.

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sonnyfab t1_iujm1if wrote

That advice essentially means that if you could go out and buy another (not broken) 15 year old Prius with similar mileage for less than the repairs cost, it doesn't make sense to repair the car.

Have you actually looked around the see if you could replace your car for $3k? In the current car market, I'm very skeptical about that.

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bruceismynickname OP t1_iujoag8 wrote

Actually didn't know that part of the advice. That makes a lot of sense. And I agree it would be very difficult to find something similar for 3k right now.

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Werewolfdad t1_iujlb4v wrote

That advice doesn’t really make sense. It’s “what does this repair buy me”

Never been a fan of don’t put more into it than it’s worth. Lacks nuance

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