“Drive It Till The Wheels Fall Off”

by Dana Joseph on May 31, 2006 · 2 comments

in General Finance, Personal Finance, Saving Money

She says:

I could have also named this post “Recent debt temptation” but thought the “drive it until the wheels fall off” was more interesting.  It’s been our motto for years regarding our vehicles.  We do not have any car debt.  We own our 1999 Dodge Caravan with 105,000 miles on it.  It has been running like a charm until this past year.  Actually almost the moment the odometer hit 103,000, we’ve had one problem after another.  After the fourth time going into the shop (and having pretty steep repair bills), I really began to question our decision to continue to put money in this car.  I looked around online and checked some car prices, but we are not in a position right now to pay cash for another vehicle.  We need a van, only thing that will fit all the kids and car seats and such.  We made the decision to try another car repair place (we knew the owner from years back).  They fixed all the problems and it runs like a charm again!  I hope we get another 105,000 miles out of it!  Hey, we are still debt free :)

 

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