When to retire a car
I currently drive a 1993 Chevy Corsica running a 3.1L V-6 engine with about 147,000 miles on it.
Within the last seven days I've had to do the following:
1) Replace the battery. No biggie - it was six years old.
2) Replace the alternator. It probably died attempting to charge a battery that wouldn't take one.
It's been in there for 4 or 5 years.
3) Replace an engine mount. I told the repair person the wrong one, but that one was almost worn out anyway so it wasn't a total waste.
4) Replace a bracket connecting the engine to the other engine mount. Part of it snapped because of a loose bolt.
Other things that need to be done to it:
5) Replace the left CV joint. It's not driven much each week (About 50-70 miles) so I've put it off.
6) Fix an oil deluge (1 quart per week - you can easily tell where I park. :>)
Before number 4 on the list my total expenditures within the last week are about $350 (I replaced the alternator myself and the battery replacement was free). Item 4 will probably be another $250 or so including labor. Too bad I can't repair my car in the apartment complex.
When does a car cost so much money that it's not worth keeping? While the car is has been paid off for around two years, I have to do a major repair what seems like two or three times a year. It's almost like a $60-80 car payment each month for what needs to be done to it. While that's lower than an actual car payment, it's for an older car with lots of 'character'. Not to mention that right now I can't afford another car payment.
Sorry if this doesn't make sense. After spending an hour and a half replacing the alternator and being interrupted by no less than 6 cell phone calls and seeing the broken bracket I was a bit depressed. I'm getting better though, really!
Thanks for your time....

