Quote:
Originally Posted by shertex
But, over the course of nine years and 100,000 miles, I have spent....drum roll please....18.4 cents per mile on maintenance and repairs. That's everything other than fuel, insurance, and painting a hood.
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18.4 cents just on maintenance? My formula includes the cost of the car, minus what the car is worth when i sell it and not including consumables like tires, oil, brake pads, etc. And doing all the work myself.
So i can't tell from your example if this car would qualify.
I also expect to buy at the peak of depreciation. $2-4K for a car with so much life left in it leaves a fair bit of room for future repairs.
The question is, which really expensive parts are likely to fail, and is the repair within my skills level?
thanks