Originally Posted by
Rambozo
It all depends on the specific car and what condition it is in. As old as it is, it could conceivably have a few hundred a month in repair bills just to keep it going. Sometimes you just need to draw a line in the sand and think about cutting your losses. Doesn't mean you need to buy new, but get something that still has life in it, rather than completely worn out. It all comes down to numbers. It's a little different if you do your own repairs, as you might not put as much value in your time. However, if you have to pay shop rates, it adds up fast.