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Good subject. We bought our Chrysler new, it's now paid off. I had the idea that we'd keep the thing for awhile after it was paid off. But now wish we'd leased it, and did the trade in thing after a 2 or 3 year lease. The car's a POS now, with just over 100K miles on it. Can't get anything in trade for it, and it's $500-ing us to death, now that the warrenty is well gone.
The wife wants to keep it because it's paid for, and the repair bills are cheaper than the payments were, if you ammoratize the repairs out over time. But we now have a car I don't trust any further than the local grocery store.
Ok. So we should have bought a good japanese car instead of the Chisler. But that's what I thought we were getting. It's nothing but a Mitsubishi under the skin. So much for that theory.
I'm not convinced that much any car is worth keeping long term anymore. You can't repair them yourself anymore. I won't touch the Chisler except oil changes and brakes. And I've always worked on my own cars. And repairs are terribly expensive when they do break. (Cost us $1028 to have the water pump and timing belts replaced!)
Next time, we'll either lease, or find another old Benz diesel that I can fix myself.
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past MB rides:
'68 220D
'68 220D(another one)
'67 230
'84 SD
Current rides:
'06 Lexus RX330
'93 Ford F-250
'96 Corvette
'99 Polaris 700 RMK sled
2011 Polaris Assault
'86 Yamaha TT350(good 'ol thumper)
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