Results 1 to 7 of 7

Thread: fix or buy

  1. #1
    Registered User hmcart's Avatar
    Join Date
    Dec 2007
    Location
    Tennessee
    Age
    32
    Posts
    380
    Post Thanks / WTG / Hug
    Rep Power
    6

    Question fix or buy

    we have a decision to make and I would love in put. We own a full sized gmc pick up. It is paid for but needs alot of work. Like transmission and poss engine. Cost will be around $3000. Our other option is to sell it as is and buy a used vehicle. we know we can sell it because where we live country boys love these big trucks and we have had several offers on it. We really like the truck and it seems like fixing it would be the cheaper route but the truck has not run in over a year and I am worried we will find other stuff wrong with it. At the same time a used vehicle could have problems also...so I am really thinking about having the truck towed to a mechanic that can give us a more definate quote. Here in Tn we also have to be cautious of flood cars being for sale now too.
    Holly

    My blog: www.littlebitoflifephotography.blogspot.com

    February challenges
    eat at home days 0/25
    groceries 0/400

  2. #2
    Registered User Libby's Avatar
    Join Date
    Apr 2006
    Location
    Canada
    Posts
    7,251
    Post Thanks / WTG / Hug
    Rep Power
    41

    Default

    I'd opt to fix it and hope for the best. You know where this vehicles been and what its been through.
    2012: The Year Of The Purge!

    UPDATED: MAY 15/12

    2012 FLING - 673/2012 | COUPON SAVINGS $178.93

    EMERGENCY FUND #2 - $510.78 | VACATION FUND - $513.58 | CHANGE JAR $222.51

  3. #3
    Registered User Paws's Avatar
    Join Date
    Mar 2009
    Location
    Alabama
    Posts
    1,507
    Post Thanks / WTG / Hug
    Rep Power
    8

    Default

    I'd fix it...you never know what you'll get into buying another one that's used...could be even more trouble...and like you said, you've got to worry about flood vehicles now being sold now...jmo

    Talk to your mechanic about the repairs-and warranty of said repairs, if any, and the cost...see if there's the possibility of a payment plan...
    Wife to DH ~ 15 years
    Mom to DD ~ 14 yrs old
    Mom to DS ~ 24 yrs old
    Fur mom to Nikko - Rottweiler, Maxx - German Shepherd-(my avatar pic), and Reno - Husky/Chow mix.
    *Rest peacefully my sweet Maxx*
    ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
    Judge not, and ye shall not be judged: condemn not, and ye shall not be condemned: forgive, and ye shall be forgiven
    Luke 6:37 (KJV)

    Change jar $14.55
    2012 Challenges
    Grocery budget~$/$300
    No spend days~/31 *Goal 15/31 days
    No eat out days~1/31 *Goal 15/31 days
    EF - /$1000.00
    Christmas fund - $110/$350
    Weekly Menu challenge - /52
    YTD Coupon total - $2173

  4. #4
    Registered User wwe11's Avatar
    Join Date
    Feb 2005
    Location
    Ohio
    Posts
    1,100
    Post Thanks / WTG / Hug
    Rep Power
    12

    Default

    I'd say fix it also.
    2012 Debt Reduction

    (cc#1) Kohl's- P.I.F. (closed)!!!!

    (cc#2) Chase- P.I.F. (closed) !!!!!

    (cc#3) capital one(mine)- $741.37 /$731.34

    (cc#4) amazon-$1,458.47 / $863.94

    (cc#5) Kohl's - $606.29 / $687.16(CLOSED!)

    (cc#6) capital one(His)- $615.93 /$673.97

    (cc#7) CHASE (HIS)- $1,985.14 / $1,055.85

    (cc#8) Lowes(His)- $3,355.71 / $2,592.42


    (cc#9) Tractor Supply(his)- $3,981.05 / $3,729.95

    (cc#10) Visa(mine)- $918.12 / $1,021.83(CLOSED!)

    (cc#11) Home Depot(his)-$3,796.87 / $3,375.31

    (cc#12) Capital One(mine)- $2,991.98 / $2,967.94

    (cc#13) Micro center- $743.61 / $755.60

    car pyment- $16,245.30 / $17,773.46

    house pymnt- $76,973.95 / $81,360.00




    $0
    $14.00 EF

  5. #5
    Registered User mek42's Avatar
    Join Date
    Apr 2010
    Location
    Central NY
    Age
    37
    Posts
    828
    Post Thanks / WTG / Hug
    Rep Power
    6

    Default

    Depending on what the problem is, putting on a rebuilt tranny might be cheaper than opening the existing one for repair.

    Call the mechanic first - tranny and engine work are often specialized and some general mechanics don't do that kind of work. AAMCO is a national chain for tranny repair. They have their warrantee information online and often have coupons too.

    Good luck!

  6. #6
    Rude and Vile Master Greebo's Avatar
    Join Date
    May 2008
    Location
    Baltimore, Maryland
    Age
    43
    Posts
    8,243
    Post Thanks / WTG / Hug
    Rep Power
    71

    Default

    How old is it, and what's is it's KBB.COM private party value based on its current condition and mileage?
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


    Greebo
    (Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
    WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!

    Three
    Two mortgages, two one no car loans, one no credit cards, and a partridge in pear tree!

  7. #7
    Registered User
    Join Date
    Dec 2008
    Posts
    2,223
    Post Thanks / WTG / Hug
    Rep Power
    20

    Default

    We were just in the same boat. Our car needed too many repairs. We got a decent price to trade ours in; so we got a newer one. When a car gets older and starts needing repairs and you fix one; more seem to keep popping up.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •