When is it worth putting money into your ride?

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I have a 2006 Jeep Grand Cherokee with 132,000 miles the engine/body is great but I need two new door panels for the front that are cracked at the door handle.Parts for drivers side would be about $450.When does it not pay to sink money into a car/truck?Joe
 
Maybe try the wreckers.
As for repairing appearance items, it pays if you are going to sell it when the vehicle has some value. If you plan to keep it until its value is just $2k for a road worthy car, then cracked door panels aren't going to cost you any money on resale.
 
Are you worried about spending money, and not getting it back at re-sale?

If you want new/nice door panels, get new door panels. Seems like an easy decision to me.
 
Go test drive a new or a couple year old Jeep, take a look a the price, then go buy your 450 dollar panels.

You'll pay that in sales tax on something else. That's like one payment. If that's your only problem with the car it seems like an obvious decision to do it.
 
Originally Posted By: bepperb
Go test drive a new or a couple year old Jeep, take a look a the price, then go buy your 450 dollar panels.

You'll pay that in sales tax on something else. That's like one payment. If that's your only problem with the car it seems like an obvious decision to do it.


This. We bought a $200 window regulator assembly for our '03 Explorer last week. I almost cared about spending the money for a moment, until I considered the bi-weekly payments on a new one.
 
I just dumped $2k into a truck I bought 3 years ago for $1800.

Go look at a new vehicle or lightly used....like its been said already.
 
Well it is still worth about $8-9k so to me $500 worth of repairs is small potatoes. My opinion is you never spend more than 50% of the value of the vehicle on repairs, of course that depends on model and expected life of the vehicle after repairs.
 
My philosophy is to find out what a payment is per month on a newer used vehicle. Call it $500. If I sink $500 in to my old ride and the vehicle runs for one more month, I broke even. If it runs for 2 months, I am money ahead.

That only works for so long because after a while regardless of how much you sink into an old car or truck, you still have an old car or truck. If you get tired of driving the old one and can afford a newer one, then go for it.
 
Find the color code and post online your need ,that thing sold so many ,even if you tried your hardest you could not ;not find what you need in the color you need (copart could steer you in the proper direction.)(i cant recall the name of the walmart of vehicule part,vsk dsk?no!white trucks blue letter avail in canada and us,i tell you it is the walmart supercenter of car part
 
$450 is kinda cheap for a one-time repair, if it were to motor on for another ten years. It's when you start doing $450 every month that most balk, as you could buy a new vehicle for less. Between those two extremes is when it's time to move on, albeit complicated by one's desires for money/uptime/aggravation. For instance, if you're cheap and can repair in your spare time, you might wait until later to replace. If you can't deal with downtime and you have money to burn, you replace sooner.

For an '06 with such low miles I'd be tempted to repair the door panels, but only if I could get them for less. Up here it'd be showing its age, and I probably would start not spending money on cosmetic issues.
 
First, I ask two questions:

1. How much could I sell the car for in its current form, without doing the repair?
2. How much would the repair cost?

I then add those numbers together and look at what kind of car I could buy for that money. If I could buy a better car than what I'd end up with after fixing mine, that's a sign not to waste my money. Otherwise, I fix my car. That's how I kept my old car for as long as I did, and why I made the switch to what I drive now.
 
If you plan on keeping it. If you plan on selling soon very rarely does it make sense to repair stuff unless you can get done really cheaply. No one will care about new doors or even new engine etc since the going price is for a working vehicle.
 
I once spent $4000 on a 7 year old Escort. It's now over 18 years old and I am still driving it.

When a car gets old enough and you are frequently putting parts into it, it more like renting it, but still pretty cheap to own.
 
Originally Posted By: Realtech214
Originally Posted By: Dually
When does it not pay to sink money into a car/truck?Joe


When You think its a waste or when you stop enjoying the vehicle


I like this
 
A dealer would fix your jeep before putting it on the lot. Customers care about perfect looks in the interior and on the paint. They don't look underneath though.

If you fix your doors it might bump up your vehicular self esteem, then you'll take better care of it from here on out.
 
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