My beater Honda has 207,400 miles on it and is probably is not worth much more than $2000 because of the cosmetic condition inside and out. It needs a new timing belt and rear struts. I just had new front brakes put in for $560. Three estimates average the work for the timing belt/water pump, and struts out to be about $1150. At this point I am not sure if I should put the money in the car and drive it for another 3-4 years, or get a newer used car.
I really do not want to spend the money on a newer used car though, but at what point is it not feasible to keep putting money into a beater car?
Thank you for your help. Donna K.
A good used car with 70-80K will cost minimum $5-8,000. Honda and Toyota are even more. However, 200K miles is a lot of miles on a car and there are more things that may need replacement down the road. If you can afford a newer car now would be the time before you keep spending more on repairs. Otherwise you could shop the repairs elsewhere to try and save money, the brake job seemed high. You can live without new struts unless they are broken and you may be able to save money on after market parts.
〉 Answered on May 3rd, 2008 by Patricia Algier , Owner at Valley Dealer Exchange Inc
To determine if your Honda Civic is worth investing a timing belt and struts job I highly recommend you have a professional auto technician do a thorough inspection on it. This will cost you approx. a hundred dollars. This will totally be worth every penny. Then you will know if this car is a keeper or if it is time to invest in another car.
Honda Civics can go a long time. But it all depends on where you live and how well it was maintained over the years.
At my shop we have 4 loaner cars that have over 215,000 miles on them. We purchased them with about 185,000 mile on the. But we made sure they were worth buying and keeping before hand. I am planning to keep them going for as long as they are worth it.
All My Best,
〉 Answered on May 3rd, 2008 by Amy Mattinat, Owner and Author at Auto Craftsmen Ltd