I know little about cars. My father bought a used car a year ago from someone he trusted (a cousin, who told him good condition), paid whatever the blue book value was for this 2001 Isuzu Trooper with 125000 miles (paid something like $2500).
A few months ago the brakes stopped working entirely, replaced them for $600.
Battery died, bought new one for whatever that costs.
Now transmission is totally messed up, will cost 2200 to fix.
Dilemma is, does it make sense to pay 2200 to fix this, or instead spend 2200 (or more) on a different used car?
On one hand, it seems crazy to pay 2200 to fix a car when the car's value isn't much different than that.
On the other hand, if he fixes this (assuming done properly) he then has a car that he knows has a good transmission, good brakes, good battery...is that going to be more reliable than going out and starting all over again with something that might end up with more problems? What more can go wrong? Better the devil you know?
Father on a limited budget - buying new car is not an option. Neither is suing the cousin or getting him to pay for anything.
A few months ago the brakes stopped working entirely, replaced them for $600.
Battery died, bought new one for whatever that costs.
Now transmission is totally messed up, will cost 2200 to fix.
Dilemma is, does it make sense to pay 2200 to fix this, or instead spend 2200 (or more) on a different used car?
On one hand, it seems crazy to pay 2200 to fix a car when the car's value isn't much different than that.
On the other hand, if he fixes this (assuming done properly) he then has a car that he knows has a good transmission, good brakes, good battery...is that going to be more reliable than going out and starting all over again with something that might end up with more problems? What more can go wrong? Better the devil you know?
Father on a limited budget - buying new car is not an option. Neither is suing the cousin or getting him to pay for anything.