So, I have a 2010 Odysey with 200,000 miles on it. Needs about $2500 in work. Should I cut my losses now and sale, or fix the old girl and drive for another 50,000 miles?
Would be nice to see what needs to be fixed--I would guess that the timing belt is a good chunk of the total. It seems to me that the depreciation on a newer vehicle in the first year will be much less than the cost of repairs. Aside from the higher costs, the newer the vehicle, the higher the insurance costs will be.
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