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    Phyllis35's Avatar
    Phyllis35 Posts: 1, Reputation: 1
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    #1

    Mar 9, 2010, 06:37 AM
    My car is old, should I get ready to buy another or keep this one running?
    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
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Mar 9, 2010, 06:45 AM
    Quote Originally Posted by Phyllis35 View Post
    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
    TxGreaseMonkey's Avatar
    TxGreaseMonkey Posts: 16,761, Reputation: 5597
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    #3

    Mar 9, 2010, 06:57 AM

    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-t...ml#post2162069

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