I have a 1993 Pontiac Grand Prix with 212,000 miles. The car runs like a dream! The previous owner spent thousands in repairs over the years. Most of the parts on this car are new except the engine/tranny. I have a little xtra money coming in for a while. I'm wondering if I should prepare to buy another car or replace engine in existing car (when time comes). I know some folks say if repairs exceed 50% of the car's value, time for another one. So, a new engine is out of the question. But I plan on driving this car in the ground. I like this car and for what I could spend on another, I'd rather have this one. Some insight please! Thanks, Brandon

But I plan on driving this car in the ground. I like this car and for what I could spend on another, I'd rather have this one. Some insight please!! Thanks, Brandon

Hi, Brandon, I think you answered your own question. Keep your money in the bank gathering interest for the time being and get what you can out of what you have.

Edit: I have a 99 Subaru, known for their longevity, at 209,000 km. I wouldn't trade it for the world and repairs are still minimal, runs like a dream and with continued regular maintenance, i.e. oil changes, etc. it will for a while longer. I wouldn't take the chance of trading it in and maybe getting something that doesn't run quite as well ! :D

Tick

Keep it running. Start using full-synthetic 5W-30 engine oil, changing it every 6,000 miles or 6 months, whichever comes first. Likewise, be sure to drop and clean the transmission pan, change the filter, and refill with Mobil 1 Synthetic ATF every 30,000 miles. If you take care of the engine and transmission, everything else that can go wrong is relatively minor.

This link should help:

https://www.askmehelpdesk.com/cars-trucks/faq-how-troubleshoot-repair-maintain-hondas-selected-other-vehicles-46563-12.html#post2162069