I currently drive an 87' LX with 189k miles on it. The only major thing wrong with the car is the AC stopped working last August...which wasn't such a big deal then because the temperature was dropping (heat still works btw). But now that temps are getting back into the 80s (I live in Georgia) I need some relief from the heat.
So I'm trying to decide if I should buy another car or have the AC fixed. Currently I'm leaning towards a new car...and I think the numbers support it.
estimates...
- life of current car 2-3 years (driving 13k miles each year)
- A/C repair cost $1k
- craigslist value of current car $1k
- cost of new car $4k-$5k (accord/civic with 100k-150k mileage)
- life of new car 7-8 years
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