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View Full Version : Okay. I've HAD ENOUGH.



ryu_haneda
10-30-2008, 12:16 PM
I'm trading in my Subaru Legacy GT.

As much as it sucks for me to say this, I honestly can't afford to keep pouring money into my car when there are more important things to consider.

Overall, I took out a loan for the car at 7200 bucks. After replacing an ENGINE, not to mention water pump, starter, resealing a leaky main seal and routine maintenance, I have paid roughly 6,000 dollars for repairs. Or more. (Oh, and I'm still not done paying for it either.)

This has to stop. I STILL LIKE SUBARUS, but this one may just be a bad apple. I would like my next Subaru to be paid for in cash. My wife has been patient enough for years. It's time I did something for the both of us.

My rap sheet:
1998 Subaru Legacy 2.5GT sedan
remanufactured engine
fixed main seal
new timing belt
new starter
new water pump
bad front struts/not-so-bad rear ones
busted antenna
sucky paint
roughly 128,000+ miles

What should I expect to get for this thing as a trade? 2,000? 2500? I don't think anyone will trade this for more than 3k, and I'm still upside down by at least twice that.

I'm taking action, so I need your help. (Don't worry, I'm too much a fan of Subarus to stop going on this forum :grin:) I need to know: What cheap cars should I be looking into? A 20-year-old Pinto? A 5-year old Nissan Sentra? I'm looking to spend 1 to 2 grand, maybe no more - it has to be a "strategic" amount of cash which will have me owning something in a fairly quick amount of time.

Let the flaming begin! :grin:
-ryu_haneda

2.5GT
10-30-2008, 12:22 PM
What makes you think buying another used car is better than the one you have now? all used cars probably going end up needing fixing, just like the Legacy.

I say, drive the car as it is. And save up for a NEW car.

Brockley
10-30-2008, 12:29 PM
if you DO get rid of the legacy, Sell it yourself, then buy a car. Dealerships will give you nothing on trade (everyone knows this, but I know better since I Sold Cars...)

Honestly, if you've replaced all that already, why sell it?

My GT Wagon has 151k miles, I had to rebuild the engine, PS pump, Steering Rack, My suspension is GONE, and other things suck. But, Its DEAD reliable, i can take it on any trip and not worry about anything going wrong. Hell, i drive the thing like it's my RX-7 on backroads and at auto-x's and I've NEVER broken anything (the repairs I did when I got the car 2 years ago, everything above, was neglect from the previous owner)
I Voted HONDA incase you do sell it, get a Civic or CRX and call it a day. parts are $15 for anything, so cheap to fix, reliable, and cheap to buy!

But honestly, unless there are more "Major" things wrong with the Legacy, why trade your old car for someone else's old car... they normally got rid of it for the same reasons your thinking about dumping yours ya know!

my $.02

2.5GT
10-30-2008, 12:36 PM
Last time i check what the dealership want for my car was...$3k :roll: :lol:
And this was the dealership I work at! dirty bastards...

d1giPhux
10-30-2008, 12:47 PM
Id shoot for honda / nissan / toyota.. probably in that order.. and trust me.. i feel you on the repairs man.. these cars are expensive as hell to fix.. and reliability is not up there with other cars in the same mileage bracket... hate to say it.

4n70n1n0
10-30-2008, 01:51 PM
I voted Subaru. As in keep it. I've thought about selling my BD enough times, but I ended up keeping it.

If I buy any other car I have to fix it too. I love my BD and I can't go through one winter without AWD now. I LOVE how my car handles and feels and looks. I've done my shocks, springs, headers, cat-back exhaust, intake, replaced my HG and enough money on the exterior.

Our cars are expensive to repair, but they are reliable!

At the end of the night, I don't reqret getting this car. I'm driving til it gets cancer or totalled. Other wise it's my little engine that CAN not could

Huffer
10-30-2008, 02:03 PM
Ramon - how upside down on the car are you? Do you owe more than it is worth?

Can you pay it off in two years?

If you do sell, sell privately, and buy a Honda. And keep saving my friend.

I just got hit with a $3000 dental bill today - my car is worth $5500.

At 130k, your vehicle is worth maybe $4000 retail if someone were buying it off a dealership. Unfortunately a dealership isn't going to give you more than $1000 for it.

If you need some spare parts, just let me know. I think I have an antenna you can have. I may even have some struts.

ANY car you get will require maintenance - and the original components will eventually wear out.

What matters the most is whether or not you can weather the financial storm of ownership.

d1giPhux
10-30-2008, 02:20 PM
Reliability is also an issue.. and from what i've seen.. these cars are not very reliable.. not unless you like replacing stuff quite frequently. They certainly are NOT honda reliable.. thats for sure. Trust me.. i love my car.. but somedays.. i wanna drive the fucking thing into the ocean.

Huffer
10-30-2008, 02:22 PM
Reliability is also an issue.. and from what i've seen.. these cars are not very reliable.. not unless you like replacing stuff quite frequently. They certainly are NOT honda reliable.. thats for sure. Trust me.. i love my car.. but somedays.. i wanna drive the fucking thing into the ocean.

You will get that with EVERY car unless you simply do not care about how your car looks, performs as long as it gets you from A-to-B.

If you are a car enthusiast or a modder, you will invariably end up caring more about whatever car or transportation you have than your average Joe.

subba
10-30-2008, 03:08 PM
Reliability is also an issue.. and from what i've seen.. these cars are not very reliable.. not unless you like replacing stuff quite frequently. They certainly are NOT honda reliable.. thats for sure. Trust me.. i love my car.. but somedays.. i wanna drive the fucking thing into the ocean.

I have to disagree.

Hondas are just as reliable as a n/a subaru under regular driving (Along the lines of what huffer said)

IMHO: the reason why hondas are favored more than anyother brand is because the parts are dirt cheap and everyone knows how to fix them.

d1giPhux
10-30-2008, 03:13 PM
I beg to differ.. i have owned SEVERAL high mileage new england hondas and they have been FAR FAR FAR more reliable and cost friendly than my subaru.

subba
10-30-2008, 03:20 PM
u sure the previous owners didnt replace those easy to find and cheap parts parts? :-)


BTW i voted Honda, cant go wrong with a Civic as a beater/daily driver

d1giPhux
10-30-2008, 03:30 PM
Might have been the gnomes..

SilentRacer
10-30-2008, 04:28 PM
I've always been a fan of the older toyota body styles.

2.5GT
10-30-2008, 05:47 PM
Buy the older Toyota Tacomas...they're pretty much indestructible :eek:

WinterKnoll
10-30-2008, 07:20 PM
Old Toyotas and Hondas are both good picks for cheap, safe, reliable fixer-uppers.

deadlydave
10-30-2008, 08:34 PM
don't buy a subaru, for less than 2k, there's almost no selection that isn't already driven into the ground.

1996Battlewagon
10-30-2008, 08:45 PM
For Subaru enthusiasts, you guys sure can knock a car.

Every manufacture can put out a bad apple; but just one bad experience with a car shouldn't make up your mind about the company as a whole. Subaru is a damn good car manufacturer. My uncle works for Denso; he was telling me that the way they test starters is they have various engines in rooms and they just start and stop them over and over again. He said that the majority of the time, Subaru engines are the ones that out last the abuse the most.

If you simply want a change, go ahead and see what else is out their. Just don't go for Toyota who seem to engineer the soul out of their cars. Hell, just get an old Wagoneer.

decke48
10-30-2008, 11:41 PM
Reliability is also an issue.. and from what i've seen.. these cars are not very reliable.. not unless you like replacing stuff quite frequently. They certainly are NOT honda reliable.. thats for sure. Trust me.. i love my car.. but somedays.. i wanna drive the fucking thing into the ocean.

I have to disagree.

Hondas are just as reliable as a n/a subaru under regular driving (Along the lines of what huffer said)

IMHO: the reason why hondas are favored more than anyother brand is because the parts are dirt cheap and everyone knows how to fix them.

I beg to differ.. i have owned SEVERAL high mileage new england hondas and they have been FAR FAR FAR more reliable and cost friendly than my subaru.
i agree with subba. its all supply and demand on parts.. there are many more honda on the road, making parts cheap. i've owned my subaru for 2 years and all i've spent on repairs is valve cover gasket, plugs/wires, timing belt, water pump, knock sensor and a clutch . otherwise the car is all factory parts. it has no records at subaru for repairs except HG's and it was dealer owner car from 0-109k until i bought it. so yes there are lemons and the unluck ones. cars do break but subaru does make good cars. just some get the lucky share

peugoby
10-31-2008, 01:33 AM
In my personal opinion you should stick it out with the Legacy. Now that all that good stuff is replaced (engine, seals, water pump, etc..) its going to last you a good while. Any used car is going to need work.

Now that you've vested some time and certainly coin in your car, why not keep it? Just think if you sell it, the next used car is going to need an engine, seals, water pump, paint job etc...

I've had a lot of used cars, all of them needed at least some work... in cases like my VW & my Lancia - a complete overhaul.

KEEP IT!

jey
10-31-2008, 08:09 AM
Don't trade the Subaru - you lose thousands of dollars when you trade. I don't know what's wrong with your current Subaru, but heck if it was a 5MT I'd make you an offer for it. If you must get rid of it, try to sell it privately.

But like everyone said, don't get rid of it. I've looked into buying cars for $1-2k. Unless you find a really incredible deal, you will end up with a piece of crap - likely worse than your current car. All the cars I looked at were smoker cars, interior all torn up, alignment messed up, leaking fluids, rust everywhere - basically cars that have been neglected.

I had to increase my budget to $3500 to find anything reasonable. But even then the car I have was not as reliable as my 98 Subaru until I got it all cleaned up. So you might consider saving up a little more.

jg09
10-31-2008, 02:44 PM
I'm waaaaaay too biased toward Subaru to even vote here, but I agree with the people who are saying don't get rid of it.

ivwarrior
11-01-2008, 12:40 PM
I vote for keep it. Especially since you're upside down on it now. If you could sell it to pay off the loan, then MAYBE consider a different car, but you can't. That's going to make it tough to get financing for another vehicle (especially in today's credit market) and is just going to put you in worse financial shape if you can get financed.

It doesn't sound like there's anything major about to go on the car, and you're already put a reman engine in it. Get some use out of that money. A set of struts isn't that expensive to purchase, (much less than a different car with who knows what problems) and the job isn't THAT difficult to DIY (or with help of a friend) if you have a decent selection of tools. You can probably borrow/rent a spring compressor for the job. Another option if you have a second car is to remove the struts yourself, take them to a shop to swap the springs from old struts to new, then re-install the struts yourself and take it to get an alignment.

ryu_haneda
02-13-2010, 07:52 PM
Ryu wants to get rid of his Subaru, take two: got really, REALLY weird electrical problems last night on the way out to dinner with the wifey. First, my ABS light came on, after I was on the highway (which was largely snow-free). Then, my radio shuts off, then turns on, then turns back off again, and then my AT temperature light comes on. I pull into a spot near a restaurant and shut down.

I turn the car back on and the battery sounded tired. After another shot, the car idled just fine; I put the car in Drive, and waited with my foot on the brake. A minute later, the ABS light came on, my radio shut off again, and the car looked like its lights started dimming. We decided to flatbed it to a local shop.

Today, I had them run a full diagnostic. Here's the analysis:

1. They couldn't find any electrical problems
2. They didn't get any CELs
3. They checked the battery and it is fine
4. There is nothing obviously wrong with the car other than a slightly busted catalytic converter (the brace/mount for the rear converter seems to have broken off due to me driving through soft/hard snow)

Price for them to replace rear cat: $635.00

Other repairs to be done on this car will eventually include an alternator (it's 50,000 miles overdue, by maintenance standards), a right front axle assembly (it's busted), and probably another tuneup.

I'm probably still about 3 grand in debt on my car. After having crunched numbers on this before, my golden target is probably going to be in the neighborhood of 10 to 12 grand for a car.

Time to start looking!

GTDrifter
02-13-2010, 10:37 PM
where in pa are you???
we could make a junkyard run for stuff you need

legacy98gt
02-14-2010, 12:42 AM
i would sell it and get a 2.2 subaru it will last forever or a honda it will last but DO NOT GET A CHEVY unless its an old truck otherwise its crap

jey
02-14-2010, 12:45 AM
Take the car to an exhaust shop, they can weld in a generic cat for you for under $200 probably.
Axle is a $40 part - I've done two axle replacements now it's actually pretty easy.

Grafton
02-14-2010, 01:23 PM
i vote keep, jey is 100% dead on about the cat estimate just get a cheap universal, the biggest hassle with an axle is the lower ball joint, if you've had it apart before not so much of an issue.
if you were closer i'd say big it down to my place and you'd have some help with DIY repairs (saves lots of cash)

your electrical issue is odd, it's possible that your alternator is going, mine did all sorts of funny things when the alternator was going out

anothernord
02-14-2010, 10:18 PM
A 1990's era Toyota Corolla gets my vote. I have always liked the wide fenders on those things.

Huffer
02-14-2010, 11:17 PM
Alternator. Get a new one and your problem will go away (minus the catalytic converter). Unless you've got the cash for a newer car, don't junk it when the repair is simply equal to a couple of months car payments. A new car does NOT mean it won't break down.

nomad666666
02-15-2010, 11:25 AM
Here is the top four 1998 alternators for honda, nissian, subaru, and toyota from napa all Bosch remans.

honda-179.00
nissian-209.00
subaru-189.00
toyota-209.00

I would stick with the car you have. You know where it's been and whats been done to it since you have owned it. A 2k dollar cars might need as much or more work then the one you have.

Okin DaVanh
02-15-2010, 11:58 AM
Alternator. Get a new one and your problem will go away (minus the catalytic converter). Unless you've got the cash for a newer car, don't junk it when the repair is simply equal to a couple of months car payments. A new car does NOT mean it won't break down.


This is true. I had to pick up and or repair some new cars. Ranged from your everyday Jeep Grand Cherokee with 2300 miles and the motor blew, to your high end Porsche with an electrical issue. However, Yes they were covered by warranties where the company fought them tooth and nail not to pay for the entire repair. Isolated cases: maybe, but I hear ya when it comes to frustration with breakdowns and things not working right. Just when you fix something, you remember a host of other issues. Time can be a huge factor, as many of us need a car now.

I've pondered hitting the showroom floor and trading it all in for something "New". I work fulltime, starting at 4am and finishing up in around 430-5p, only to head to my friends shop to work on my car til 7-730p. Head home, shower, eat, get things squared away with family only to go to sleep and do it all over again. Friday nights and Weekends I can usually be found there or at my family's house working on 1 of my cars. I'd like to have my life back too :lol:

However, whenever I did get down to it, I walked away. I would usually look at a used car I wanted and thought if I'd like it or need it at the end of the loan term and.... well, let's just say that a lot of salesman were disappointed 'cause I was a hard sell.

There's 2 sides to every story. I say find which 1 will benefit you and your lifestyle more. Owning a house is a long term commitment worth paying for... a car is something you just leave outside.

ryu_haneda
02-15-2010, 12:43 PM
Hey guys, thanks for the input. Nothing's written in stone, but I'd say this time, the intent is much, much more serious. I have a little while til I get my corporate bonus (God willing), which should be plenty of time to figure out what I want to do.

I figured I averaged about 300 bucks a month with my current car when I figure monthly payments and how much I spent on parts on average (maybe upwards of 350 a month).

At that kind of consumption, I could pay off a new car in 36 months that was worth $10,800 (or pay off a roughly $14,000 car in 48 months).

It is still very difficult to make up my mind right now (plus I'm at work), so I'll have to sit on this for a few hours and digest. Yes, I like my car a LOT (and my wife knows this too, she kind of likes the dreams I have to trick my car out). On the other hand, she would like us to get dual Foresters to customize, and so would I ('specially since STi parts seem to swap over QUITE nicely, but that's a totally different subject and I'll stop right there).

There's a lot more to this story... I know any dealer would flip to get me to buy a new car right now, as it is a buyer's market. More to come, this topic aint dying anytime soon.

Huffer
02-15-2010, 02:06 PM
You also need to factor in repair/maintenance costs of a newer car plus also higher insurance and also murphys law. Did I also mention resale value drops significantly the moment the vehicle is purchased?

And because you know it: http://www.gotquestions.org/money-debt.html

However, very few lenders (dealerships) will have mercy on you if the car becomes a debt you cannot repay due to a loss of income.

jey
02-15-2010, 02:41 PM
i the biggest hassle with an axle is the lower ball joint, if you've had it apart before not so much of an issue.

If the ball joint doesn't move just remove the hub from the strut. I had to do that on a friend's car.



However, very few lenders (dealerships) will have mercy on you if the car becomes a debt you cannot repay due to a loss of income.

Unless you buy a Hyundai!!

If you're going to buy a "new" car buy a NEW car. Don't buy a used car or else you'll be making car payments AND fixing the used car.

ryu_haneda
02-20-2010, 03:02 AM
This thread is getting more and more interesting post-by-post. I think I'll use this in the February edition of my mag.

Anyways, thanks to everyone as I continue to ponder the situation. Huffer, thanks for the debt reference, brother. Christ has a way of making the important points clear. And thanks to the many people that have posted and continue to do so.

As with things in my life lately, I feel like God has charged me with the task of becoming a man and solving the problems in front of me. As I read your responses some major points become clear:

1. Whatever I choose to do, I am NOT buying a used car. The only kind of loophole to this would be a "new" car that has less than a thousand miles on it that's an "oops, changed my mind" special, but you can squash the temptation of trying to find a good deal like that by understanding proper negotiation techniques for buying new cars.

2. Given the complete lack of job security anymore, buying a new car is risky too - especially considering what a dealer or loan company, bank, etc. is apt to do once discovering I'm out of work. And adjusted insurance rates and such need to be important aspects of figuring out whether or not this will actually be affordable.

3. There is a set amount of money I can afford to pay for a car. This both sucks to know and is a blessing because I know precisely what I'm shooting for (i.e., I tell a car company that "I need to be out the door for X thousand dollars. Can you find out within 15 minutes if you can do that for me?").

4. If I can't buy new, I'm going to call my insurance company and make sure I'm up to date on insurance coverage, what happens in event of accident, theft, and so on. And then I'm going to see about repairing my car piece by piece.

It's late, so I should get some sleep. Thanks again all!

mrpyb
02-20-2010, 04:42 AM
good to know there are still people who leave their problems in the Lord's hands :grin:

Huffer
02-20-2010, 07:27 AM
good to know there are still people who leave their problems in the Lord's hands :grin:

amen to that brother! :)

jey
02-20-2010, 11:55 AM
3. There is a set amount of money I can afford to pay for a car. This both sucks to know and is a blessing because I know precisely what I'm shooting for (i.e., I tell a car company that "I need to be out the door for X thousand dollars. Can you find out within 15 minutes if you can do that for me?").

But don't let the dealer take advantage of you. Many play games with numbers and you end up paying more, by extending the length of your loan/payments or whatever.

By the way Subaru is having a special offer right now, Lease a 2010 Impreza for $189/month with $1488 due at signing.

Wiscon_Mark
02-20-2010, 11:56 AM
A 1990's era Toyota Corolla gets my vote. I have always liked the wide fenders on those things.

My buddy beats on his cars, and doesn't maintain them. He has a 95 Toyota Corolla with 280,000 miles on it and it's still running alright. They're pretty indestructible. They also get good mileage, but they're pretty slow.

If you're looking for a high value, low cost alternative, I'd go Corolla. Civics and Accords have a lot higher resale, even the old ones, unless they're rusted out.

That being said, Subarus aren't exactly unreliable, if they're taken care of well, they should be just as good as Honda or Toyota.

Brockley
02-21-2010, 12:07 AM
Price for them to replace rear cat: $635.00

You sir need to find a cheaper place. For my RX-7, I bought a Highflow cat for $45 from ebay, bought a used Flowmaster for $50, A used Manifold for $75, and had a exhaust shop make every other inch to have an entire new Exhaust bent (2 3/4") for $185.

Total spent- about $350 for exhaust from the block.

ryu_haneda
02-21-2010, 04:10 PM
Okay, so here's the deal: this weekend, I started my hunt for another vehicle. So far, at least 4 to 8 dealerships have beat a path to my emails and phone.

* No more than $12,500 for the total cost of vehicle (I would like this to be my "out-the-door" cost, factoring in tax, tags, title, etc.)

* No more than $200 a month for payments (ideally I would like to pay around $150 to $175 a month, but my absolute max is $200)

* As little miles as possible

* Here is a list of pre-owned cars I am considering: (all assuming automatic transmission, not in any specific order)
1. Honda Civic coupe or Honda Fit
(I have the hope of getting a new Honda Fit, or a used Honda Accord)

2. Ford Focus coupe/hatchback or Ford Fusion
(The Ford Focus SE coupe looks good, or I could always get a Focus SVT)

3. Subaru Impreza or Outback Sport
(Have I learned my lesson yet? Nope! Any example would probably have 30,000 miles on it already, MINIMUM. Oh well.)

4. Volkswagen Golf or Jetta
(Yeah, Golf or Jetta low miles)

5. Toyota Corolla or Yaris
(Used Corolla, New Yaris (like a "oops, changed my mind" special))

6. Mazda3 hatchback
(New Mazda3 would most likely be a sedan; used would be an older hatchback with low miles)

7. Kia Amanti
(The wife sat in this while I test drove it around and wanted one BADLY - there are a whole bunch of bells and whistles on this including electronically-adjustable seats and such on the door panels, and a stupid bunch of airbags. It rates favorably on IIHS's crash test site at www.iihs.org (http://www.iihs.org).)

8. Toyota Celica
(One of my wife's original dream cars. 2003 examples with mileage below 50k range in the $10k range around my neck of the woods.)

Okay, let the beatings begin! Let me know what's right and wrong with each option.

Huffer
02-22-2010, 12:06 AM
I think you need to decide on the TYPE of vehicle first. You've basically picked every manufacturer and their small car offering. You need to decide if you want a sedan, hatch or coupe... they all have different aspects and without knowing what you are planning to use it for, it's useless to pick one.

If you're planning to make a payment plan, then consider where you'll be in a couple of years - kids? different job? If you are planning on kids, forget the coupe. You might even want to forget the sedan. My wife and I are looking at trading the Accord on a Forester (as an example).

dplacencia
02-22-2010, 12:13 AM
I would not go for the Ford or Kia.. But that is just me..

ryu_haneda
02-24-2010, 10:05 PM
Okay, so here's an update: I am not considering a new car. At all. Here's why:

1. New cars lose 60% of their value in their first 4 years. If my wife and I pinch every conceivable penny, we're still looking at SMALL new cars.

2. There are various things that I want in a vehicle that we just wouldn't be able to afford: some form of traction control if no awd, good climate control, easily adjustable seats, GOOD HEADLIGHTS, and a 6-cylinder engine, or at least a super 4 (turbo anyone?).

3. We are looking for vehicles between 30 to 40 thousand miles max. If I play the cards right, I could be looking at an '06, '07, or '08 car in that range.

Of course, I still have to decide what to get. Some random thoughts are:
Subaru Forester
Subaru Outback
Hyundai Santa Fe
Volkswagen Golf

I HAD thought about a new Cobalt coupe, but even the LS model is a bit of a stretch at invoice. If I'm not getting the supercharged engine, then there's not much pull there. (Both the Chevy Cobalt coupe and Ford Focus coupes do better in side impact crashes than their sedan counterparts.)

I briefly thought about the Scion TC but the crash ratings on that car aren't the best.

Soooo, the theme seems to be (with the exception of the Golf) crossover vehicles with at least a turbo four or a six-cylinder.

Huffer, we may have a category here...

Huffer
02-25-2010, 02:09 PM
Ok, so you're looking at hatchbacks/wagons/utility type vehicles.

You want a turbo 4 or a 6 cylinder... have you considered the higher insurance and FUEL + MAINTENANCE costs that are associated with their running? Particularly if you are only driving short distances, you will NOT see an overall fuel economy that could match a similar vehicle with a normally aspirated engine.

You still haven't posted a budget or anything - the cars you listed I've seen as low as $5k and as high as $13k.

ryu_haneda
02-26-2010, 03:36 PM
I like turbo 4 or 6 cylinder cars because of the increased response that I'd get from a more powerful engine. One of my previous cars was a V-6 (a '95 Grand AM SE). We were in our mid-late twenties and owned that car with manageable insurance for several years.

I have to admit, I'd buy a 6-cylinder car before a turbo four because of the octane required - and the Grand AM actually got decent mileage for being a six.

Budget? Between 8 to 10 thousand max. Payments need to stay below 200 a month. With the proper negotiation, I'm shooting to get this on a 4 to 5 year purchase (I am NEVER going more than 5 years again).

EDIT: my commute is usually at 40 minutes at a minimum on good days, averaging maybe about 35 to 50 miles per hour on occasion. It's usually a 20-30 mile commute each way.

Huffer
02-26-2010, 05:08 PM
You will still be paying interest, which means the cost of your car is going to outweigh *by a lot* the actual value of your car at the end of your loan term. You'll have paid nearly $10,000 for an $8000 car, not to mention all the lost interest you would have had if that money was IN your pocket instead of being paid out each month.

What about the MPG cost of a 60mile commute?
$2.50 for 87, assuming 25mpg...60miles = 2.4gals used = $6 per commute
$3.00 for 91, assuming 25mpg...60miles = 2.4gals used = $7.20 per commute

Assume a 5 day commute, 87 octane = $30 pwk. 91 octane = $36 pwk.

Over a year, 87 octane = $1440. 91 octane = $1728 (48 weeks per year because everyone needs a vacation)
Over 4 years, 87 octane = $5760. 91 octane = $6912

That's just your fuel costs - $1152 - more than 10% of your original loan of $8000.

inoneday
02-26-2010, 06:13 PM
good to know there are still people who leave their problems in the Lord's hands :grin:

amen to that brother! :)


That made me smile :cool: haha good to know there are other believers on the forum..... and i hope the lord will help you out of this dilemma. but my 2 cents is you should buy a subaru with an ej22 in it. in my opinion the are very reliable compared to the 2.5l (IMO only good as a boat anchor). i have heard alot of reliability issues with the 2.5 so that why i say this, not from experience but simply alot of looking into.

ryu_haneda
02-28-2010, 01:53 AM
You'll have paid nearly $10,000 for an $8000 car, not to mention all the lost interest you would have had if that money was IN your pocket instead of being paid out each month.

Which kinda puts me back at square one - whether or not keeping my current vehicle is a better idea, versus trying to maintain another. Subarus are still honestly some of the tougher cars out there (as evidenced by the sheer number of old Subarus I see on the road every day, versus other manufacturers).

And hey, truth be told, there are some common sense fixes I could employ that would help me extract more enjoyment from my car (new paint job, interior upholstery/carpet work, proper maintenance, etc).

There's a major problem: money.

Repairs have on average inflated my roughly 140 dollar a month payment to 300 dollars a month. With me staring down the barrel of another potential 800 dollars worth of repairs, I'm hesitant to continue down this road more.

Worse - I think about the things that I want to do to my car and I immediately feel guilty - how am I going to keep investing in my car when my wife is even more important to me? Is it really economically friendly to keep and mod your own car?

What are some of the more godly choices out there? I got into the car purchase game (you know, reasonably used '05 to '09 car) to reduce the overall money problems caused by significant repairs. I don't want charity - I just want this to work out.

I'm practically ready to buy whatever car it is to put us out of this situation. I am ready to be a man and stop getting into messy situations like this again.

(Then again, the real God-honoring choice here could be to stick this thing out and see where it goes.)

Legacy89
02-28-2010, 07:17 PM
I would not go for the Ford or Kia.. But that is just me..
German Ford is pretty bad, Vauxhall/Opel isn't any better.

If you want reliability, Get a Lada Niva. ;) Dirt cheap and rock solid russian engineering.

jey
02-28-2010, 08:11 PM
I got into the car purchase game (you know, reasonably used '05 to '09 car) to reduce the overall money problems caused by significant repairs.

You're not going to solve your money problem of making repairs by buying a 5-year-old car. You'll be worse off, you'll be making car payments AND fixing your (likely previously abused) used car. By the time you pay off your 5-year loan on your 5-year-old car it will be a POS 10 year old car! Not smart to be making payments on a 10 year old car!

If you want cheap transportation, you need to find a car that you can pay cash for, or just keep what you have. Then you can set aside some money for maintenance/repairs, and we will help you do this in a cost effective way. Find an honest shop or learn to do some things yourself. Spending $300/month to fix a Subaru sounds crazy, mine is turbocharged and pieced together from 5 different cars and I don't spend even close to that much in 4 months fixing things.

And I spend the money to fix things the right way. There are people MUCH poorer than you or I fixing their cars in a much cheaper way - believe me, I was at the salvage yard Friday and was able to observe.

If you're not up for fixing your car check out the lease deal that I posted above - $189/month fits your budget, and then you will have a NEW AWD car with a warranty that pretty much guarantees you don't have to pay for any repairs.

ryu_haneda
03-01-2010, 12:05 AM
The biggest problems I have with leasing a new vehicle are:

1. Usually a low limit on miles, with penalties for overages
2. Various end-of-lease fees

Probably the best I can do is watch for 2007, 2008, and 2009 year cars with low miles that still qualify for warranty work. The question is, can I get my car from relatively anywhere and have repairs warrrantied anywhere I go, or do I have to get my warranty repairs done where I purchased my ride? (Assuming a 2008 with an applicable manufacturer's warranty.)

jey
03-01-2010, 11:21 AM
You can take your car to any dealer to have warranty work done, not just the one you bought it from.

GreenLeggy
03-10-2010, 02:23 PM
Hey ryu_haneda ,

I've been where you are now...

I had a 2002 P5 that gave me nothing but problems...I sold it and got the Leggy. I didn't put that much $ into it. But it did have a slew of problems...

Rust everywhere
1 wheel drive (try that going up an icy hill in the middle of rush-hour)
knocks everywhere
smoking engine at 130,000 km (later found out it was the 2nd engine on that particular P5)
blown suspension (replaced with used struts, cheap $$)

I bought newer thinking it would be better but ended up beign worse than every other car I've had...I sold it before pouring money into it...all the repairs done, I did myself to save money so, total, including parts and my time, I spent about $1000.

Bought it for $14,000 and sold it for $4000 two years later...No one would give me more than that with a bum engine. The engine would've cost me $3000, plus labour but I would've still had the rust, and all the other stuff goning wrong with it.

You've already poured $6000 into this car, anything from now on, should be peanuts compared to what you've already spent. Keep it, save your $$ and get something better for both of you sometime down the road.

I find that giving my car a nice wash and vaccum makes me love it again...

Still though...I chose Honda...if you're gonna buy, get a Honda. As someone in a previous post said, they are cheap-er to fix. Make sure you get one with a good service history though...buy one from an old lady or man...not one from some young guy who's thrashed it.