If you do the required maintenance, pay attention to the bits and pieces
that will get worn out like CV boots. Then you can put a ton of miles
on the engine. Transmission may be the first big thing to need a
replacement but it's not so bad. Timing belts can be a moderately
expensive maintenance item when it's time but that's the same for most
cars. Basically, if you love the car and want to keep it, then just
take care of it and it will be with you for a long time. You have
already gone past the point where the largest depreciation in value is
experienced right after it's new so from a financial standpoint the car
will be cheaper to maintain than replace.
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On Sat, 30 Sep 2006 22:56:54 GMT, Mike Drechsler - SPAM PROTECTED
My Integra 91 has about the same mileage as yours. During the last 6
moths I spent more then $3k us and now I have a running car whose
value isn't more then 2k. Did I do the right thing? I love the car
and would like buy a new one exactly like this one.
The first major expense was the radiator followed by the clutch (the
transmission in your case) then the distributor, the CVs, then an
electric motor on one door plus a few miscellaneous. I am waiting for
the suspension to go soon. I gave up fixing the air condition and
replace the front speakers.
Based on my experience, my advise is, if you love the car and are
prepared to spend 3k more and be without AC, keep it, but remember
that, after you spent 3k more the value of the car will be about $2k.
Do not spend any money if you intent to sell it within 3 years.
In other words, if money is the only consideration, by selling it now
for 1k you save about 2k.
I am going to keep it for Winter driving and use my SL500 for Summer.
I wish. My 97 CL 3.0, with just over 75k milses, which I absolutely
love driving, has had a series of expensive repairs, the most recent
being a complete transmission rebuild. It seems to fall way short
of Honda's excellent reliability reputation.
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