Keep your old car vs. buying a new car?

[Gerbo]

Actually it only boils down to AFFORDABILITY.

For me, I would tend to dispose of an old car once it has engine and transmission problems that needs rebuilding.

Just like what other have said, if it spends more time in the shop and it become a money pit, then its time to let go.

[galant E SS]

Actually it only boils down to AFFORDABILITY.

For me, I would tend to dispose of an old car once it has engine and transmission problems that needs rebuilding.

Just like what other have said, if it spends more time in the shop and it become a money pit, then its time to let go.

its not only about affordability - its about practicality - in my case, so far, minor engine problems pa lang naman - top overhaul - no tranny probs pa naman. thanks 4 ur comment bro.

[galant E SS]

if your car is 1st owned, why not?

usually gagastusan ko ang tsikot ko kung ako naman una mayari

how about if it's your first car but you bought it used (2nd hand) out of your own money na pinaghirapan mong pag-ipunan & pinaghirapan mong i-set up/ipaayos ang car, will you preserve it to keep it running in good condition? in my case, this is my plan - maybe i will buy a newer car or even a brand new car in the near future, if i can afford it already, but i really want to preserve & keep my car running not only because of "senti" value but because i love it.

[jaguarpw]

Interesting topic here.
Me, I have an old 2nd hand car which continues to serve me up to now. I take pride that it runs everytime its called for. Had some issues here and there, but nothing a good mechanic can't fix.

However, my family is growing and I'm really planning to buy a newer (if not brand new) bigger car. If only I can afford it, I would keep my old car still. But the prob is, only one car fits in our garage. So the wisest thing to do is sell my old car while it can still get a higher resale value, and buy a newer car.

[Gerbo]

Related thread here.

[alnr]

dumaan ako dito....

our old car was a lancer itlog, although we are not the first owner we loved it and took care of it. the car is properly maintained, palit lahat pag kailangan na. the family is already growing so we decided to get a new bigger car, so we got an MPV. pero ung lancer nasa amin pa din, pang coding lang. we decided to let it go after 3 months kasi bihira na gamitin etc... the car was sold to my sis-in-law, ngayon pag nakikita namin gusto namin bawiin...

kung kaya naman i-maintain ang dalawang auto, bat kailangan pang ibenta yung luma. for sure naman me use pa din ito... haaayy, miss our old car

[galant E SS]

Related thread here.

thanks! i've seen it. it's a great thread.

[dr. d]

to my mind, there are only five reasons why i would want to replace or get rid of my car:
1. my service needs have changed: bigger family, more loads, health problems, etc.
2. car is giving me a hard time; e.g. it spends more time in the repair shop than with me.
3. i'm bored with my car.
4. i want to keep up with the joneses.
5. i don't need it anymore or i can not afford it anymore...
#1, 2, and 5 are valid reasons. #3 is subjective but i recommend you stay put with your car, because this usually means your car is reliable. #4 is pathologic and there seems to be no cure for it.

[eld]

Old car ako. I'd rather have 4 W124s or 5 Volvo 850s than 1 new Civic.

[blue_gambit]

I got to 2nd hand rigs, when sold plus 100K in cash I can buy a honda jazz. It really doesn't add up...

[MrGunn]

I'd let go of my car if it got into a major accident that affected the chassis or moving parts. No matter how good the repairs are, may tama pa rin yung kotse.

Yes its more expensive, but there is peace of mind. That's priceless.

[CVT]

My take is, if you have the means,- maintain your old vehicle and then buy a new one. Pang-coding (Isang pangragasa, isang panlakad).....

Just make sure you have the garage space for your vehicles,- hindi nakaparada sa kalye....

12.3K:outcold:

[homergp]

I let go of my lancer glxi a/t 1996, need ko na kasi ang bigger ride but isa lang pwede sa garahe. I bought it second hand, fixed, repainted and properly maintained ko. Kung malaki lang garahe ko, I would not sell it, loved this car.

[eljo3025]

If you're young and without any loans or debts, and already have the money. You can apply for a loan so that payments can be paid in smaller amounts and can buy that hassle free, more fuel efficient or bigger car that's more dependable that you've always dreamt of.

But if you have obligations such as tuition or debts. Better stay away from buying a new car if you really can't afford one.

[jhnkvn]

Funny how people factor in "new car smell" in leaning towards a new car. Kung kaya lang kunin ng mga Glade o AmbiPur yan ede ang dami na bibili niyan

Personally, it's time to buy a new one if the car spends more time on repairs than with the owner *cough* Expedition post-Ondoy *cough* or really needs a major overhaul to keep it running (I still remember that BMW that costs more to repair than buying a similar second-hand model).

[galant E SS]

If you're young and without any loans or debts, and already have the money. You can apply for a loan so that payments can be paid in smaller amounts and can buy that hassle free, more fuel efficient or bigger car that's more dependable that you've always dreamt of.

But if you have obligations such as tuition or debts. Better stay away from buying a new car if you really can't afford one.

Big factor talaga ang budget. i have a friend who bought a brand new 2009 or 2010 mitsu lancer ex through bank financing (installment) he is an OFW. whereas, just a few months before he purchased it, i purchased a 2nd hand mitsu galant for cash and at a cheap price but needs a lot of repairs.

he left his car here in the Phils. to be used by his father. Eh kaso bihira namang gamitin ni father. Lately, this month, when i saw his father, i asked him if that was their car that i saw a few days ago before we met, then, his father told me that it was repossessed na daw ng bank, tsk tsk, sayang lang ang DP and more than a year na installment.

Samantalang yong car ko, nagagamit ko pa naman and yong ibang parts for repairs, makakapaghintay. And wala akong iniisip na monthly payments.

[galant E SS]

My take is, if you have the means,- maintain your old vehicle and then buy a new one. Pang-coding (Isang pangragasa, isang panlakad).....

Just make sure you have the garage space for your vehicles,- hindi nakaparada sa kalye....

12.3K:outcold:

yong old car ang gagamitin pag inoman lang naman ang pupuntahan,

[OTEP]

what's the best option for you guys?

Haven't read the thread but if you just use the car as an appliance (you don't like cars) better just buy a new one every 5 years or so and save yourself the time and headache for repairs and whatnot.

Why I drive a 1995 model vehicle? Because I like cars and working on them.

[galant E SS]

Haven't read the thread but if you just use the car as an appliance (you don't like cars) better just buy a new one every 5 years or so and save yourself the time and headache for repairs and whatnot.

Why I drive a 1995 model vehicle? Because I like cars and working on them.

i love my car and i don't wanna let it go, 'coz i'm sure, i'm going to miss it!

[galant E SS]

bros., until now, yong car ko pa rin ang gamit ko, and i have not yet cause it to be repainted, pero pinahilamosan ko lang ng konti yong back part. lately, napapaisip na naman ako. kasi nga, magastos talaga ang maintenance ng galant compared to compact and/or econo cars. so, naiisipan ko na naman na, gagastosan ko pa ba sya para pagandahin at i-restore sa almost brand new condition, and i will spend about 100-200k, well worth pa kayang gumastos ako ng ganito to preserve her? or palaspagin ko na lang sya at next year or after 2 years, bibili na lang ako ng 2nd hand pa rin pero newer na compact/small cars like vios, city, etc. kasi practical at pang-city driving. kaya lang when i sit at the vios driver's seat, naku, masikip para sa akin, i stand 5'10" kasi at nasanay na ako sa spacious car. and i'm a family man w/ 2 kids, malapit ng mag-3 kasi preggy si mrs. so, i guess, i will still keep my galant as long as parts are available.