If the expense* of buying a new car would cost more than your projected fuel expenses + maintenance costs of your current car for the next 5 years or so, “toughing it out” with your current car might actually make more sense.
*In addition to the cash price (if installment, mas mataas pa), you’ll also have to spend for gas, maintenance and insurance costs for the new car pa rin naman.
Ex:
Cost of new car + maintenance costs of new car + fuel costs of new car + insurance costs
vs.
Projected fuel expenses and maintenance costs for the next 5 years of current gas guzzler car
If di nalalayo yung sa taas, replace your current car. If significantly less yung sa baba, keep it.
-My opinion.