Should You Fix Your Old Car? Is it Worth It?

[@Pete_R63]

My mechanic has retired and I really trusted him. He was honest and charged reasonable rates. At times, he didn't want to work on my car, a '91 Corolla, because he said the repair was worth more than the car. At 300K, he told me I had taken a gasoline engine to the edge of its envelope. At one point, I had the transmission rebuilt and it cost me $1900 (it really only needed a 5th gear synchro but I just had them do it all). This was at around 427K miles. He took a long look at me and finally said, "Do you have an emotional attachment to this car? Because you could get one with about 150K on it for $1500." I told him that I love it more than life itself. I might have even said I planned to be buried in it. It is the only car I have ever owned since new. It is a long, sad story but I took that car to 634K and it was still getting well over 40MPG (manual trans). I don't regret a penny spent on it. I now have another '91 Corolla I bought 6 years ago with just under 59K on it and when it arrived, it looked museum quality, showroom new. It was so clean-everywhere- I would have gladly LICKED ANY surface on it! I just hope that everyone can find a car that they love as much as I love my Corolla. Cheers

[@igorkratka]

Beautiful story. May I ask what started the emotional attachement? Was it a gift from your parents, your wedding gift, or road trip memories with wife and children? 634 000 miles is a car`s paradise dream!

[@pfsantos007]

I hear you about emotional attachment. '93 Escort bought brand new and kept until 2019, after my mom passed in 2017. Was quite reliable because always maintained since being bought new. But it was honestly a dinky little car, and not worth fixing after the rear struts rusted out. You have to keep your head and let common sense come in at some point.

[@PatrickC139]

That's some dedication!

[@Kim-jong-fun]

I share the feeling! my BMW e39 i know know its an old BMW but damn It i love It! I may buy others Cars but i love to keep this one as good as the day It came from the dealership

[@VictorMaxol]

I understand you, believe me. What killed the car in the end?

[@kevinsimpson9538]

This video here is exactly why this is the best car channel on KZbin.

[@Blutnase]

Agreed

[@PeterHernandez-lg2eh]

Es la verdad.

[@richardcaunt6691]

Fully agree

[@gogyoo]

Well, it's going to be tough beating Chris Fix. But def a proud 2nd.

[@wolfpack09nh48]

In the world for hardcore fans

[@percivalgooglyeyes6178]

Thank you! A car is not an investment - it is an appliance with utility like a refrigerator. An expense.

[@zedrico8577]

Ya i think according to "Rich Dad Poor Dad" author, i think he calls them liability.

[@virgil3241]

@@zedrico8577 Rich dad author sounds like he has only lived in a city. A vehicle living rural isnt a liability, its a necessity

[@zedrico8577]

@virgil3241 hes is only speaking in financially liability. Cars are not an asset or investment. I do agree that cars are necessary, i lived in a small down with no busses, and its brutal. But if you want to financially well off always be aware that your car is always going to drain your money, and have a plan.

[@virgil3241]

@@zedrico8577 Oh for sure, but if we lived our lives with everything is an asset or investment, no one would be married or own anything, besides the necessities to keep us alive. Any vehicle I own is for the long term, or until that stage of my life is over. My plan for my truck is, I keep it until Im dead.

[@zedrico8577]

@@virgil3241 amazing. What truck do you drive?

[@yoshiii9704]

no clickbait bs, no sponsor ads, just a chill guy with some common sense keeping it 100. Great advice

[@rightlanehog3151]

👏👏👏👏

[@gladiammgtow4092]

No fancy transitions, silly sound effects or music. Just good data.

[@trdrav4]

You don't have to turn down the volume because the host here doesn't flail his hands or claims he's getting his channel shut down

[@georgiiarakelov6560]

I’m just a chill guy

[@vincentsalerno8675]

Dad used to say “don’t trade the devil you know for the devil you don’t know “

[@jgriffin411]

Exactly what I was going to quote!! People only get rid of vehicles for 2 reasons (1) they're tired of it (2) it has too many repair issues.... -- pick your poison.

[@InsideOfMyOwnMind]

That's good advice for many things.

[@InsideOfMyOwnMind]

@@jgriffin411 In my case I disposed of a car I owned from new because 1) the maker bailed from the country after GM touched them inappropriately as GM is known to do and parts were getting scarce to the point where a distributor was going to cost upwards of $1000 for a car that would be worth about that. Also in hindsight the car overall was just very badly thought out. And "Faster than a speeding bullet" my ass. OK Joe.

[@bilokenneth]

Nah, I sold my car JUST because it was too slow. I became a faster driver, added all the chassis braces, and race tires to improve cornering, but this didn't compensate for the straight line performance. I could've added a supercharger or turbo for 5k, but then the reliability would become a question mark. I decided to just buy a faster car from the factory. The car was perfectly fine, and I traded it for something faster, but it needed repairs. I regretted it a little bit at that moment, but after fixing everything, I know that this is what I wanted and I'm no longer regretting it now

[@chuckschillingvideos]

Except you don't really know either "devil" - keep driving ANY vehicle and things will happen to it that require money to fix.

[@balmighty81]

The bigger problem is finding a mechanic that's not trying to rip you off and have you spending money on needless repairs. Wish there were more like you!

[@dosvaskosfarms4643]

The best mechanic you can find is staring at your computer screen... I'm old and still do the vast majority of work myself. KZbin research will save a boat load of $$$

[@stevetorres76]

Something else is the cost of parts has gotten pretty expensive. I work on my trucks now at home and alot of the parts now cost the same price as I used to pay a mechanic to order and install it for me.

[@DeadlyRealityTV]

Never thought I’d do an engine swap but here I am saving 3K by doing it myself

[@lawrencium2652]

​@@dosvaskosfarms4643At the same time kids are only little once, so it might be worth it to pay for repairs during that time instead of sacrificing those precious times until they can come "help."

[@ExtremelyAverageMan]

KZbin and Forums. We have the best DIY tools in HISTORY to do most repairs and maintenance ourselves. Doing my inner/outer tie rods and lower control arms next week on my Tacoma! $500 in tools (Moog/OEM) as opposed to over $2500+

[@brianw8963]

If it’s a good vehicle to start with, like my 94 Camry or my little 04 Tacoma, and not rusted excessively, absolutely worth it.

[@obsoleteprofessor2034]

My rust free Calif 92 stick shift Camry went 500k miles before the head gasket blew. Gasket was weeping 100k miles but since it was starting to smoke I just let it go. Upon replacing it with a used engine for $500 I took apart the old one. Turned out that it was smoking from the valve stem seals but by then, because I let the old engine sit, water got into it and locked it up. I wonder now if I had replaced the seals and gasket if I'd still have the original engine. Car is running again beautifully as before maybe for another 200k. I installed a tow hitch and fabricated a small trailer which I tow with the car to pick up scrap and washing machines that I sell as a side hustle.

[@kathrineculver696]

Extremely true, I have 95 wrangler, a 97 F-150, and a 01 Frontier. I've also been a tech for a number of years and can rebuild all 3 of them from the ground up I'll keep em until the frames rust out.

[@brianw8963]

@@kathrineculver696 That can be prevented easily, especially with someone of Your skills. In the salt belts, it’s routine maintenance if You want to keep them , and never ever use any of that rubberized undercoating crap.

[@estuardo2985]

Another thing to consider is where the car is kept and what area of the country. A garage kept car in an geographical are with less extremes in weather will have more life in the electronics/computers and all the random rubber and plastic bits as well.

[@goku360v]

Older cars are better and long-lasting🙏 (if you take care of them)

[@Test_1-2-3-i1h]

As someone who is allergic to car payments and car salesmen, I can appreciate a mechanic that can provide advice and even tell me what risks are involved if there are variables (unknowns) at play.

[@subaruamazon]

allergic to payments and car salesmen? is there a medication for that? I dont blame you. sold cars in college. the powerless pawns have no say, they are servants to the stealership. If they stick it out and build a clientele, they call the shots. And we know, a dealership is unapologetically greedy.

[@jamram9924]

While on active duty, I would often listen to “Click and Clack, the Tappet Brothers” and their advice on vehicles. I heard them give this opinion, “Every time a car owner turns the ignition key, it will cost them money” It’s that simple. I repair cars as my 3rd career after retiring from the military. I’ve noticed that after COVID, the price of cars and their parts dramatically increased. Please take care of your vehicles.

[@subaruamazon]

we have a fork in the road with covid. on side goes to the stealerships and gets totally lambasted with interest rates and huge oem price increases and stealership adms. the other school is commited to keeping and repairing their cars. I go with the latter. 07 camry 153k. will drive it into the ground. actually the nut is right will drive it as long as i can fix it. i say i have some time with it. change the oil 5k down to 4k.

[@jum5238]

@@subaruamazon I say I'm going to drive it til the wheels fall off. And then put them back on. I've kept my car in good shape, but the engine is tired. I'll probably just buy a remanufactured engine and drive it some more. Is the care "worth it"? I look at the price of peace in not having a car payment, and newer cars are so much more expensive and have more things to break. And I don't know the maintenance history of it either.

[@subaruamazon]

@@jum5238 I say new vs repair scenerio seems to be moving toward the repair crowd. people are unhappy with the oems price increases, stealerships, 1500 payments, adms, crappy quality. people are ponying up 5k for new engines and trannys like i have never seen before. 100k f150's and 85k wranglers will do that no?

[@ClickbaitMotorsports]

And this is by design. These wicked Globalists want populace poor and in despair .

[@alpha7ization]

I once read a book by two brothers named Click and Clack....they had a show called Car talk. In the the book they had a chapter entitled making it last. They mentioned that maintaining the car and fixing things when they break is key to longevity. Most people let the little things go, and instead of fixing them they are ignored....now one day they see that the car needs 1500 dollars of repairs that could've been avoided if they took care of the little things. I have followed their advice and both my cars 20 plus years still run nearly flawlessly. Having no car payments for years has saved me bucketloads of money

[@LightsGoneWild]

That reminded me that I have a Car Talk t-shirt. I haven't worn it in a while so I had to go make sure I still have it. I do. :)

[@fcon2002]

I forgot about those guys. I read that book, too.

[@nancycy9039]

I have their decal in the back window of my 2001 RX 300

[@chuckschillingvideos]

Except they are ignoring the ongoing costs to repair "the minor things" as opposed to allowing them to pile up as deferred maintenance. You have to consider the time value of money in determining whether it is a good idea to repair an item immediately or whether it can be deferred until such time as you determine you wish to spend it.

[@TexasVexes]

You’re right. It takes a sensible and knowledgeable diy to figure that out. There is a lot of nuance to it. For me it boils down to my time and if I will enjoy the challenge.

[@TheInnerParty]

Economist here. I love this video. In fact I'm going to assign it to my university students as a project in value, utility, and pricing. "Knowledge" in asset pricing is everything. If you have strong knowledge that a car has been well-maintained and cared for (perhaps at your own car, or relatives, a friend, etc.) that makes a giant difference in the valuation. If you don't have that knowledge, Then you have to discount the so-called "average" value. Let's say you have a car that you could reasonably sell for $5000. You really like the car. You've enjoyed driving it. You don't really even want a new car. But it needs shocks, a new suspension, and a major invasive service. Let's say the total of all that is needed is $6000. If you sell the car, you still have to go get another car, and where are you going to get a car that you KNOW is as good as the one you have for $6000? It's all about the knowledge, and that's the purpose of a honest reputable mechanic. Most of us don't have that expertise, but if we have knowledge of the car, we can take the mechanics repair recommendations combine it with our knowledge and make a rational decision

[@darthdaddy6983]

That’s a neat assignment , I think You will find Who could buy a Mercedes & who shouldn’t 😅

[@ashleycampbell6825]

I am sure that this motto is engraved on a main building of the University of Queensland [Brisbane, Queensland, Australia] Scientia est potestas (Knowledge is power). Most certainly thinking this while listening to The Car Nut detail what his job is and also what it is not or even unethical.

[@joeshmoe8952]

I tell people to avoid making any major purchases or investments with this new administration coming in. There’s no guarantee what’s going to happen but my gut feeling tells me it’s not going to be good, a future recession maybe. So if things hit the fan, a $500 car note is not going to help.

[@darthdaddy6983]

@ You can always invest in plywood & hair dye

[@rushnerd]

Fantastic idea for your students. After replacing/upgrading a lot of stuff + maintenance on both my Toyotas, I know exactly what is there, how old it is, and it's going to last. You're not really going to get that from some car you just bought.

[@Warpedsmac]

Yes...Just spent $10,000 AUD on my 1995 Lexus LS400. No rust at all in here in dry region. Owned the car for 27 years, it needed EVERY SINGLE suspension part replaced as Australian roads are brutal. Some parts not available or have been discontinued therefore some parts replaced with not genuine. Rear axle carrier (knuckle) bushings available aftermarket, Toyota no longer manufactures the coil springs, thankfully available from KYB (OEM)...Car drives like it did 27 years ago...TOTALLY WORTH IT. Insured for $10k... Buy price in 1995; $162,000 AUD (yes, the LS400 was crazily expensive in Australia, consequently were a popular leased business vehicle). Cheers from AUSTRALIA!!!!!

[@ocularpressure4558]

Yup it was $110,000 usd

[@Warpedsmac]

@@ocularpressure4558 and worth every cent! ... well, except the import tariff!

[@ocularpressure4558]

@ yea amazing cars still

[@DIY-AutoMech]

I do my best to repair/replace any mechanical (suspension parts) on my own. Currently, my 2005 (bought new) RAV4 has 344k mi on it, and I was surprised that it still has good pickup speed. I'm hoping it can go beyond 500k mi 🤞.

[@spinnetti]

Learn to fix yourself and use aftermarket parts... remarkably cheap. Just restored a 2000 LS400 that still looked new but needed a fair bit of mechanical work which I did for

[@fernando651]

im glad i am able to repair most issues on my cars. i cant imagine having to pay for all repairs.

[@robertnagy2456]

Same by me. But it's more simpliest thing with old cars than the newer ones.

[@bokononisti2820]

This is a very important point not explicitly discussed (implicit in AMD's discussion of cost of repairs). For those cannot DIY hardly any the maintenance and repair, holding a vehicle past 10 years or 100k miles becomes considerably more difficult with each passing year, as those expensive repairs represent a large % of vehicle value and could add up to a downpayment on a new car. For those can DIY, this decision point is much further away, maybe 20 years or 200k miles, maybe even further.

[@jonathanwebb8307]

@@bokononisti2820 Agreed, if you dont do DIY it is best to run a relaible car in the 5 to 10 year old range. For those of us who DIY there are no limits, just like aircraft we can keep swapping out bits and make them last almost forever.

[@robertnagy2456]

@@bokononisti2820 Car is a business but not for the owners.

[@MrPicoli]

My wife is glad I'm able to repair most issues (two head gasket) on her car. She can't imagine having to pay for all repairs😂😆🤣😉

[@smithraymond09029]

This entire conversation takes an added twist for those of us who happily turn their own wrenches: most of the time, the car gets repaired and ends up living to see another day.

[@althunder4269]

With car prices these days, unless a car is rusting out it is usually worth fixing.

[@subaruamazon]

this is what covid has created.

[@koehh4652]

Yea exactly

[@wcurtin1962]

If you can get the parts.

[@carkingspot]

It really helps if you can do all the repairs / maintenance yourself. It can save you a lot of money.

[@Bugholeexcalibur]

I see it this way: 1. if I like the car, I fix it. 2. If I don't like the car and it's an utility, I will still fix it, because buying a second hand car is risky. At least I know the condition mine is in.

[@DragonSeven-i3f]

Uber Eats delivery driver here, my 06 Accord has 505,000 km. You just solved my dilemma. Thank you.

[@ryans413]

Incredible my car has just over 206,000km. I know it can go another 100,000km easy.

[@zuhawk15]

My 06 has 300,387 wish I didn’t have rust on the fenders.

[@subaruamazon]

i bought my nicest used car after having beaters and hand me downs for years. in 2018, i saved cash and it was between an accord or camry. well now, both cars are so hot, if they are priced right and in good condition, you will have a line and they will go in hours. well after all the shopping and it was tough, a 07 Camry se with 106k came up. three car family and the kid was in medical school. he didnt use it. i emailed him in the afternoon. he said come on over. i did. there was another couple looking at it. the male half was mechanical. i asked he about the car. he said there were some cosmetic blemishes but the was solid. my "mechanic" approved. i also dive it up to 65 mph. so i took it. there were two parties who wanted to see it the next morning and i believe it. you will never here me knock an accord but i think toyotas have better trannys. today 153k. more repairs than i though front bearings, lower control arms, alternator - original, valve cover gaskets twice. engine and tranny are 100 percent. will drive it for a while.

[@InternetUser._]

I had a mechanic tell me to get rid of a car that was throwing CEL transmission codes after I changed the trans fluid. Ignored that advice, kept driving it, CEL went away after 10k miles, I’ve driven that car for many years with no issue.

[@RoScoHutch]

I love this practical advice. One other thing I would mention is to not hesitate to get a second opinion when a mechanic recommends an expensive repair. Several weeks ago, we came close to scrapping our daughter's car when it wouldn't start and a mechanic said it needed a new engine. (Not my first car, and we're not idiots . . . he seemed to know what he was talking about.) We ended up calling around and talking to another mechanic who thought he might be able to fix it. Had it towed to him, and about $1,000 later, he had it running just fine. He has saved us the cost of getting another car, and we never would have known if we hadn't talked with him.

[@debrad5783]

I'm sticking with my '06 4runner. It's been wonderful. I have no desire for a new car. My hubby bought me a porsche macan, which drove great but maintenance was expensive. I kept my 4runner because I couldn't part with it, and glad I didn't. Needless to say, the porsche has been sold and my 4runner is in the garage.

[@reynaldomartinez7076]

I have a 2008 Toyota Camry with 160,000 miles. Live in Northern Mexico where labor is super reasonable. Plus, I am retired and my hobby is working on my old cars. Have a 2009 Acura TSX also. I found the video right on point. Worst case scenario is the accident where car is totaled. In the meantime, insurance is so much more reasonable. Vehicle registrations are much less for cars being over 15 years old in MX. I hope to keep them running as long as I can buy the parts. Thanks for the video. I really enjoy them.

[@hokie9910]

I’ve been around the block, in my late 40s and I drive a lot and have owned about everything. If you have a Toyota or Lexus where the body is straight and rust free, it’s almost always worth the money to repair. With the cost of cars today. I don’t do car payments, have not in 20 years. So I am very partial into repairing old iron…is good iron.

[@enriquerojas9758]

I’ve been in both scenarios. Owned a Jeep Liberty, totally NOT worth fixing. Still own a 2008 Mitsubishi Endeavor and a 1991 VW beetle. The key is getting to know your car and a reliable honest mechanic.

[@ozarkliving7263]

Jeep Liberty???? What a horrific vehicle.

[@gettinjiggywitit5332]

My 2003 GMC Sierra and it’s 5.3 have kept me payment free and on the road reliably.Maintenance is the key and luck helps too.Still rust free in the South 22 years later.

[@jimmytimmy3680]

Better to buy an older car. Today's cars are too expensive, cheaper quality, and not as reliable as before.

[@smiththers2]

you have one of the best 5.3 v8 engines out there. i was looking for a good condition body and frame with that for a while until i gave up because nobody is selling one anymore.

[@subaruamazon]

those gmc's were beasts. had a 94 sonoma. miss that little pickup.

[@lukielukes6]

In 2022 I bought a 2013 Lexus Es300h with 40k miles on it. After learning about how reliable and bulletproof the hybrid drivetrains are I decided I was going to get at least another 10 years out of this car before I even considered replacing it. I do all maintenance work on the car myself. I've even set aside money to replace the hybrid battery pack if/when it fails in the future. This car drives so smooth it's hard to tell it's 12 years old currently. Looking forward to the next 10+ years.

[@TheFinancialAdvocacyPodcast]

5:40 - YES! It's always a "compared to what?" decision! Yes, the repairs may cost more than the car, but what else would you do instead? Buy a new car? I don't think new cars are built as well as the older cars, but that's my opinion. Buy a used car? With used car, you get the previous owner(s) maintenance history which may be largely unknown.

[@theurzamachine]

Exactly my thoughts. Unfortunately for my car, the rust might kill it before the engine or transmission breaks. In that case, I will purchase another one (8th gen Civic) and have the engines, transmissions and other good parts swapped. Still cheaper than a new car that isn't built very well.

[@fishyjoe6470]

New cars are certainly not as reliable as previous generations because manufacturers are forced into designs that sacrifice reliabilty/repairability for lower emissions. For example, an under sized engine with a turbo is less reliable an adequately sized engine with no turbo - but every new (gas) engine has a turbo because they can't meet the emissions requirements without it.

[@ironrain1x]

Putting 4,000 into a 5000 dollar is still cheaper than a car that is a few years old today.... this is why I'm probably not going to get rid of my camry and tundra....

[@neptunedoug]

Agree. In one of his previous videos, his long term customer had a mid-oughts camry hybrid. Single owner parents were giving it to college age daughter; but it needed a new hybrid battery. If i remember correctly, the battery was $4k-5K. The CCN completely agreed that this was a responsible repair because of the service history, family history and expected that car to provide years of service to the student. If you end up spending $4k on several, much needed repairs, and the car runs for several years after, vs. spending $5K per year financing new.

[@solderbuff]

@@fishyjoe6470, Mazda still offers non-turbo (naturally aspirated) engines. Though even Mazda uses EGR cooler...

[@martinliehs2513]

One factor that I keep in mind is the monthly payment for a new or newer car. In the US, I believe the number exceeds $700 per month for the average new car, and over $500.00 for a used one (not including gas, insurance and maintenance). If your used car is paid off, that means that even a $5,000.00 repair on an older, but otherwise reliable older car puts you ahead, assuming that will buy you another year of use. Also keep in mind that new cars are getting increasingly complex, and therefore, likely more costly to repair once they are out of warranty.

[@Juan_van_Eeden977]

Wish we had honest mechanics like you here in South Africa.

[@Smokeythewelder]

I think you have them but you gotta find them. Same in the states find a skilled honest mechanic and treat him well.

[@majicdude88]

​@@Smokeythewelderit's South Africa, man lol. Finding a good and honest mechanic isn't cheap or easy. It's like finding consistent electricity in South Africa.

[@BubblesTheCat1]

I'm an ex technician who worked for an independent repair shop in Cape Town. It's actually very scary to see how they ripped people who don't know any better off. They even deliberately did stuff to people's cars in order to ensure return work. Thank goodness I learnt the trade, and can take care of my own car. I don't trust any shop whatsoever. 😥😿🤷‍♂️

[@Smokeythewelder]

@@majicdude88 reminds me of Iraq. Go in for a battery, get a battery but they swap out your alternator for one that barely functions. In that case youtube is your friend. Good luck.

[@desertstar223]

I'm South African. I've been with ONE mechanic since I bought my first car. I have NO issues with him. However, small problem, he's retiring end of this month. Good news, his son is taking over. Same type of person as his dad. You just have to FIND a good mechanic. Another interesting tidbit. They DO NOT work on electric cars.

[@DaveA8385]

This video is straightforward and well balanced on different sides of the issue. Thank you so much. This is literally the issue I’ve been dealing with this week with my 05 Sequoia with 270,000 miles.

[@ianhands663]

I have a 2014 Corolla. Drives as new ,as when I bought it....I just change the oil on schedule. Coolant when needs to. Brake fluid change. Etc....I spray silicone lubricant on all the undercarriage rubbers. Love it❤

[@ashleycampbell6825]

Like myself, I hope others made a note to spray silicone lubricant on the suspension rubbers. As a preventative measure, I regularly spray Aerospace 303 Protectant onto the serpentine belt and the tyres. I have got a replacement new belt on hand.

[@johnsantiago4810]

I love this channel! Just the he talks, I can tell that he is a very trustworthy mechanic. I wish I lived near you sir, so you could be my mechanic. God bless!

[@PlanetLinuxChannel]

Between you and Scotty (despite sometimes having differing opinions), I have learned so much about both the mechanical aspects of cars as well as how to be a better car owner! Thank you so much!

[@markf8256]

We had a 2000 Chevy Venture minivan for just over 12 years. It was never very reliable but we maintained and kept it until we finally came to it needing three major ticket items repaired or it would not pass a safety inspection. We got two other assessments with the same recommendations. At that point we donated it to a shop that repairs vehicles for donation to families in need. We got a tax credit and we took the money we would have paid for the repairs and put it down on our 2013 Highlander. Still have the Highlander. Best decision.

[@rogerdale5451]

We are so lucky to have this man and his family as a valued member of our American society. Sir I forget which country from which you came. I'm glad you're not there now.

[@jonathanwebb8307]

Its not just the USA who are benefiting, AMD is helping Toyota owners world wide and is probably Toyata's greates salesman

[@af8828]

His names Ahmed, no? Assuming he's from one of the dozens of countries we invaded and destabilized, forcing him like countless others to leave everything behind. Smh.

[@HassanAlhabeeb-i2d]

Yes you are right .. I am from saudi Arabia and watched most amd videos 😂

[@deanmitchell9568]

He is from Iraq his parents were in the oil industry. His first car was a 1980 Datsun.

[@troyhonda71]

​@@af8828there is always one

[@Charlay_Charlay]

2014 honda accord with 203k miles. I knew this was a car i was going to use a lot as my tool. Going to try and sell it for 2-4k for private sell. Its still runs and its in good shape. no dents. plan to buy a 2018-2020 genesis g80 but may go for a camry and sell it in 5 years for something better.

[@rightlanehog3151]

AMD, Once again you have given us plenty to think about and I hope the younger generation can learn some valuable lessons. I threw far too much money at old jalopies😭 before I finally saw the light and bought a new car made by Toyota. I have taken good care of my one and only new car. Today that 'new' car is just a few months short of 20 years old and it runs as well as ever.

[@HotRod-wv4vm]

Thank you for the video. Unfortunately I am one of those people who gets attached to my car. I have a 2004 Honda Element with 256,700 miles. I maintain it religiously and looks new. Most recently my defroster went and my alternator. The mechanic replaced the alternator but now I am getting a code for a bad knock sensor. I bought both from Honda and just waiting for it to get a little warmer, I live in NYC. My car is garaged. The one thing I didn’t hear you mention or maybe I missed it, was how often you use the car. I typically only use it on weekends. Again thanks for the informative video and Merry Christmas to you and yours

[@paulo5861]

I purchased a 2008 Volvo S80 T6 with 110,000 miles on it because the Haldex pinion shaft bearing was making noise that intruded into the inside of the cabin. It leaked oil from the vacuum pump and the water pump was leaking antifreeze and the check engine light was on and the blower motor was making allot of noise and the brakes needed replacing and the seller deducted the estimated repair costs from the residual value of the car. Paid $1,200 for the car and 4 years later I am still driving it. Did the repair work myself for a fraction of the cost because I paid for the parts and my labor is on me. Today it has 151,000 miles new tires and I still have not spent the residual value of the car on the car. So if I sold it today I would still make a profit. Being able to do your own repairs really can make a difference. Not having the knowledge of car repairs is really offset today by the internet and people like you sharing their knowledge and know how.

[@rackcity5981]

My 2012 Acura TL 3.7 awd manual transmission, has 240K miles.😅 i just changed the water pump and timing belt. I'm about to change the clutch.... I'm keeping this thing until it falls apart

[@joesmith9483]

Inusrance on new cars is killer. So much cheaper just to fix stuff until rust takes the car over.

[@fortheloveofnoise]

we dont have rust in alabama

[@ryans413]

I live in Canada and my car has no rust. It’s not winter that rusts cars it’s chemicals the USA throws down chemicals on the roads to break the ice that’s what’s rusting your cars away. Here they will plow the roads and throw down gravel for traction. Anywhere there is ice they will use hot water to melt it then they shovel it off the roads. But they only clear the main roads the side streets are hell to drive on you need to have winter driving skills. But my cars been through many winter here not one ounce of rust.

[@leslielucci3182]

@@ryans413 Could it be that Canadian winters are cold enough that salt stops working at a certain temperature and melted snow just refreezes into ice?

[@ryans413]

@@leslielucci3182 salt still works like I said they melt the ice and plow it off the roads. The plow trucks spray hot water right at the shovel and it’s cleared right away. Then gravel is sprayed on the roads and cleaned up in the spring. They do sometimes use salt but salt is more used for walkways.

[@satokage9354]

Great video! Our Honda CRV (bought brand new) has about 205,000 miles / 330,000 km's & is close to 23 years old. It's generally run well but have had some problems (due to a combination of wear & tear, road conditions, delayed maintenance / repairs / driver mistakes & mechanics' errors / negligence). There were a few times we considered selling it, especially when repair costs were big, but selling it & replacing it with a newer model year of the same car meant our daily drive's cost (money spent) will be the sum of: 1. 2002 CRV purchase price 2. New model CRV purchase price 3. Minus the 2002 CRV selling / trade-in price That would be a lot of money spent for the daily drive. In addition, based on the inflation in prices of the newer model year (surprisingly high), a lot of new features, sensors & techs. we didn't need (that costs a lot to repair / replace) on the newer models & the need to still maintain & service newer model year cars (albeit with higher service costs as some parts are more expensive than for the same on the 2002 model year, with some parts only replaceable as a complete unit set instead of just the problem areas within that unit set, which will cost a lot more), the "expensive" repair costs became so much cheaper when viewed like this. Over 22 years, all maintenance & repair costs (including changes for oil, tires, brake pads, shock breakers & everything else to do with the car) has been about 26% over the original purchase price of the car brand new. Based on this, I calculated that even with the "expensive" maintenance / repair costs annually (service & parts all have risen in prices as well compared to 2002), it will still be so much cheaper to maintain since it'll take over 30 years in annual maintenance costs (in 2024 dollars) to equal the price of a brand new model year of the same car in 2024. Thus, still riding it & satisfied with it.

[@nivek2157]

I have a 20 year old Ford Falcon and love it. It's tidy and reliable but I intend to keep maintaining and updating things when needed and still be driving it in another twenty years. The investment is in the freedom it gives me to drive to places etc.

[@gewamser]

I have been driving Toyotas, mainly Tacomas, 4Runners and Camry’s for over 40 years. You should love me…I maintain them by the book! We have two vehicles and alternate them for age and replacement…so far they last about 15-20 years and around 325,000 miles before we sell them. Honestly, we have had almost zero problems with any of them! My ‘85 pickup is STILL running around as a farm truck. Rusty, with a repaired frame, but the owner drives it daily. You have a great show, and you taught me a lot! I got into this frame of mind in the first place because my brother is a Toyota service mgr at a great dealership, and he taught me how to take care of the vehicles for maximum economy.

[@OK247OK]

A car is part of the family. Some of us get attached 😂

[@annechang6459]

So true! Our Toyotas are definitely family members.😊

[@ryans413]

I have a car that’s no longer road safe but I can’t get rid of it it’s parked in the garage it developed rust so now it just something I look at for the memories but if I drive it the car would start to fall apart.

[@SupraSav]

Agreed. I always look back at every car I have sold as it drives away. There's something I appreciate about a reliable vehicle.

[@Doomzdayxx]

@@SupraSav 100%!

[@subaruamazon]

07 camry here. i have heard people refer to their old toyotas as their comfy blanket. when my car is running smooth, there is nothing like it.

[@Andrew-n1v]

Thank you sir Ahmed for this incredible award winning film. This video will help millions of people.

[@ocularpressure4558]

I have a 2006 Toyota Tundra with 313,000k miles on it and the ac is cold 🥶 no check engine light 💡 leaked a little bit of oil but is a solid ride

[@ryans413]

I like fixing older cars because you learn about cars while doing it. I’ve learned so much fixing my 20 year old car. I don’t look at it as me wasting my money because I bought the car for 2k but that was years ago it’s not worth that now. I look at it as value I’m I getting any value out of this car and yes I am I’m learning about cars and I’m learning a new skill mechanics.

[@ocularpressure4558]

@ bro me too we me&my friend are working on a project 2006 Toyota Corolla rite now

[@capraagricola]

10:35 the corollary to your insurance anecdote is that insuring a car from 1999 will cost $40 a month and insuring a car from 2024 will cost $400 a month.

[@antilogism]

My 2007 A4 insurance is $50/mo. That's one of many reasons I love it.

[@impala5point3]

Not necessarily, unless you’re going from a regular car to luxury or electric. My 21 Grand Cherokee L is $30 a month to insure…

[@spinnetti]

@@antilogism Wow! who's your insurance? I pay about $100/mo for my R8 (I've had 3 A4's but don't remember what insurance cost for those)

[@fortheloveofnoise]

bare min on my 98 Nissan is 80 a month

[@wigletron2846]

I pay 155 total a month for full coverage on a 15 impreza, 17 forte, and 09 g8

[@michaelgoldblum123]

I got Toyota 4-runner 2001 /3.4 V6 ,bought brand new with 30 ml on it . Today I have 627.000+ml . Never gonna get anything else ,but Toyota ....

[@brianw8963]

You evidently kept it well serviced. Most people don’t comprehend that is the cheapest insurance available for longevity. Sad to say , but the majority of people nowadays just treat them like appliances.

[@andrewgarcia940]

Amazing. I'm at 235,000 miles on my 2001 4runner. Will need to drop about 2k soon for suspension replacement, but I'm expecting this car to go another 10 years or more. 627,000 miles is insane!

[@THX5000]

Wow, my 98 T100 with the same engine has 325,000 miles and i thought that was a lot.

[@ArtVan-s4l]

I got a ride a few years ago to the airport in a Toyota SUV with 525K miles on it. Took a pic of the odometer because I thought no one would believe me. The driver said no engine work had been done, but a trans was installed @ around 300K miles. I wonder what maintenance was ever done on the trans before it went out.

[@NomenClature-o8s]

‘99 4Runner, 515,000 miles. Very few parts have been replaced except brakes, exhaust and 1 radiator.

[@p.o.9964]

If quality parts are available, the vehicle has use. Then yes. If you have are hard time getting parts. Then it might be time to let that car go. Some vehicles you can drop in a different trans and or engine to keep things going. Being handy with your vehicle helps alot. Helps to keep costs low. A vehicle is not an investment. It is a tool. But is it worth keeping or is it worth having payments. If the cost of repairs in a year is less than car payments (not including a restoration). Then it might be worth it. Otherwise get a new or new to you car. I drive a beat up Nissan Hardbody. It's got like 400K and it worn out. But it starts and goes every day. I'll be repairing/modifying the drivetrain to keep it going for another twenty years.

[@RacingHeartMedia]

As a 3rd gen Camry owner I’m definitely watching this

[@danettej4796]

I have a 2012 Honda Accord. I’ve only had one expensive repair since I bought it new. That repair cost me 1,500 dollars. It has 185,000 miles on it. This car has been one of the best cars I’ve ever owned. I have seen these cars go 300,000 miles and more. This car has been garage kept and I keep it clean and polished inside and outside. I even keep my engine clean and polish inside my doors and trunk. I take pride in my vehicles. I hope to get a few more years out of it. Thanks for another great video. Everyone should watch this video. 😁👍

[@gregblau8082]

Oil changes every 5-6k are the best thing you can do for that model especially if it's a 2.4

[@lagomorph770]

Pre 2000 cars are the best and will run forever - worth every penny to fix!

[@citylockapolytechnikeyllcc7936]

This predates can-bus networks and other strategies to maximize fuel economy, emissions requirements etc. Mercedes and BMW were at their peak, before they started loading them up with electronics. NEW cars drive awesome, but they will not age well. The electronics components get discontinues, or are extremely pricey, BODY parts also are not as available after 10 years, as well. Picking the RIGHT used year/make/model, and getting a through evaluation before purchase is everything. Finding one from a neighbor, relative etc... often the best way to get a vehicle with a known history. I had a client come in with a Citroen yesterday.... it was from the early 1970s. Unbelievable... had modern looking headlamp lens.... GLASS.... and the headlights are cable tied to the steering, so you are lighting your travel path! Vehicle also had hydraulic suspension..... brakes on the axle inboard, not at the wheel hubs...... the list goes on. This vehicle was what many would call "alien tech".

[@donleamon8653]

As long as you can still get OEM parts. It is getting more difficult even for popular vehicles like my ‘97 Land Cruiser. Many pieces are NLA or not avail. in North America. And non-OEM parts are Chinese junk now for the most part. Even from NAPA.

[@ryans413]

@@donleamon8653I have a 2004 car it’s almost 21 years old and I picked it because parts for it are still widely available.

[@subaruamazon]

07 camry here. id say 2017 was the last of the greats.

[@johnlandacre767]

I have 2004 Nissan Altima, 131,000 miles. I’ve changed fluids, had 2 alternators plus original, did belts and hoses about 2 years ago. Uses zero oil,interior is near perfect, CD player still works after 21 years. No rust. Even the paint looks really good. It’s only a 4 cyl., but runs great. What would I gain by trading it or selling it and buying a different used car? And a new Toyota Camry at $35,000? That’s a lot of money! (My Altima was about $17,000 new.)

[@JasPlun]

Depends on the vehicle because 8k is a lot cheaper than 45-80 grand depending on the vehicle. I know I did it. 2003 GMC Sierra body and interior near mint needs new engine at 200k miles due to last owner not doing service like he should have. New remanufactured engine (Jasper engine in this case) installed 5k. Transmission was done 50k miles ago its good. New truck with same features 60k. 2003 models were very reliable and the 2024 models not so much. In that case getting a new engine was the best route to go. That being said the huge negative is one accident trucks totaled instead of being repaired so you have to hope you do not have an accident. I will take my chances with the 2003 in a year it will be paid off again.

[@deanmitchell9568]

It is is a fact the fewer cars you buy during the course of your working life the more money you will have in retirement. If it isn't rusted out fix it.

[@44amanaplanacanalpanama44]

man, so true.

[@smiththers2]

add to that most people buy WAY more than they NEED. i have sometimes fallen into this category. id like to think im close to what i actually need now... im far from ready to retire and im not getting any younger

[@greghanger832]

As a CPA I get the new car question frequently. My standard answer "do you want a new car"? Why do I answer this way? Simple it almost never makes money sense to buy usually new.... My car as an example 2009 Toyota Highlander Limited Hybrid. 211K miles. Just spent 4K, and in the past have spent upwards of 8K for repairs. Car worth 10K. Now the math. The car is very nice. Upgraded electronics. Replacing it with a new car would be $1100 per month. All I need is 12 months to recover the cost to go another 40K 50K or 150K miles.... The car has no damage. It runs like a dream, and is safe due to good maintenance. I don't yet want a new car... When I do this one will have to be dead. I often hear from clients who state a friend told them it makes sense to buy a new car... I would say maybe if you have a strong business reason, but the money won't pan out to be a good decision in most cases. Great video!

[@kpmmsupervision1297]

Not in USA/ Canada. Latin America I have seen engines being re built 20 times. We have cars from 1980 to 2010. Only middle class and above can afford cars newer than 2015!

[@ElGuerreroMaya]

Lol I'm technically mid-upper class in Costa Rica and can barely afford a 20 year-old Corolla

[@anahatatutu]

Middle class in the US? It's all smoke and mirrors.

[@nathanielpreble5108]

I have a 2014 Sienna, 240K miles bought new. Hands down the most versatile/best vehicle I’ve ever had. Maintained extremely well by myself and my trusted mechanic of 20 years. My plan is to keep this vehicle until it’s rusted out and not safe or involved in a major accident. The transmission is the weak point and the torque converter is starting to shudder when stopped.(noise goes away when put in neutral at stop lights). I WILL have this transmission replaced before I even consider another vehicle. I’ll personally drive it to Amd and his team if I have to. Though it would never make the channel cause of its dents and dings of over a decade of New England weather.🤣 keep the videos coming great channel 👍✌️

[@Glasscitycarnerd]

When my first new car, a 92 Camry, was ten years old (and in great shape) I was wanting to buy a new car. My mom (who was frugal) told me: “You have had service from that car. Maybe it is best to part with it while you still have those good memories.” I still get a new car about every ten years and still have value in my old one.

[@spinnetti]

For most of my life I buy them when people are "exiting" - 7-10 years and around 100k miles. I just fix them myself and invest the savings - its worked great over many years allowing me to buy whatever I want now - and I still buy used cars lol. If you drive cheap cars you pay cash for, you can skip collision insurance too and save a fortune. If you crash it, just get another cheap car and you'll still save a bunch from insurance premiums not paid.

[@igorseprak6177]

Me too. I fix it myself, what I can’t fix my friend fixes, and if my friend can’t fix it in those rare instances, I take it to a mechanic,. No shame is not being able to tackle a thorny problem or diagnosis.

[@nononsenseBennett]

Drive It Forever is a great book on this topic. They recommend repairs unless the repair exceeds half the cost of the vehicle. This applies to any mechanical item.

[@alibabaschultz352]

Maybe on an expensive vehicle. If you own a cheap old vehicle then its almost always worth it to repair.

[@PeterHernandez-lg2eh]

One of the best info videos yet In my humble opinion

[@LibertyOrD___h]

My 03 suburban is worth $4k and a reman engine is $4k……. But a new suburban is $80k so what makes more sense to spend my money on? Apparently I should just throw away a good vehicle because it needs repairs😂

[@johnd4348]

Yep, I used this philosophy when doing hvac repairs. Are the repairs more than half the cost of the equipment,

[@smiththers2]

20k used tundra vs 70k new. engine and trans 10k or so. still cheaper and less worries with a used tundra.

[@Rsaint17]

This video couldn’t have come at a better time . Ultimately have to make a decision on my 2009 G37x . I love that car so much and it pains me to possibly have to let it go. Nowadays my family’s safety is my priority now . Thank you !

[@TidewaterC]

My elderly mother has a 2003 Corolla she has had since it was new. After over twenty years of needing almost no work other the normal wear items like brakes ,tires, exhaust ,etc. it needed about $3,000 of repairs for a gas tank ,fuel pump and both control arms. It has about 100k miles so I told her she won't get anything better for $3k so may as well keep it going. A year later the car is still going strong and may well be her last car.

[@anthony-0101]

Keep it. 100k is nothing on a 9th gen Corolla. They routinely go past 299,999 mi - which is where the odometer stops on them 😂

[@anahatatutu]

@@anthony-0101 I friend has one that just did this. He beats the crap outta that car and it keeps going.

[@zmotorsports62]

We are of a very similar mindset where newer isn't always better. The best clients I ever had are the ones that allow me to form a partnership with them in the care of their vehicles. Those are the people that are vested in the maintenance and care and we work together to formulate a plan for the best reliability and longevity of their vehicles.

[@tacomafan5186]

I’m one of those people who is a stickler for maintenance and fixing the little things before they pile up and become big things. My truck will serve me well for many more years.

[@johndoe-vb9sm]

I bought new 98 Ford Ranger 4.0 when I was 21yrs old. I still have it. Im 48 now. Its worn down of coarse over the yrs. Topend clatters... I even put a big cam in it with headers..bored throttle body..chipped it and it still runs great. 265k miles. I only need it to pick up a new grill from Home Depot or move big things. It works and cant replace it. Its not broke enough to replace yet. Great vid👍

[@LivefreeLoz]

Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024…

[@HollyGarwell]

I would really love to know how much work you did put in to get to this stage

[@LivefreeLoz]

I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver

[@TriciaDrammeh-o9x]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns

[@RichardArthurBaker]

Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's

[@RobertAlbrecht-c5d]

His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.

[@drnick40]

Ahmed, you speak my mind brother. I am in this position every day. That’s the way to do it.

[@BobEngland]

I had a transmission rebuilt. The rebuild was more than the car was worth, but it was worth it. For a few thousand dollars, I got the car to run for another three years. It was far cheaper than buying a new car. I finally sold the car for 3k. I should have kept it but it was turning into a reliability problem and I could no longer risk it breaking down.

[@Doomzdayxx]

Same situation here!

[@smiththers2]

i have thought about the cost to repair vs the cost of a new car before. sure, upfront is going to be higher to keep the car going, but in the end, i think its usually cheaper than buying new. now if you're not worrying about it breaking all the time is worth a good chunk of money, then there's that too. personally the cost of anything that can replace my tundra scares the hell out of me, so even if it needs an engine or trans, its getting fixed.

[@subaruamazon]

the new norm is avoiding 1200 1500 1700 payments and rip off oem prices and stealership adms. good move bob.

[@Doomzdayxx]

@@subaruamazon I am one of the fools with a $1200 monthly payment. My only advice is to double (or more) your payments as often as you can. I will have my '23 4Runner paid off by mid-January 2025 .I am currently not due for a payment until January 2026.

[@subaruamazon]

@@Doomzdayxx at least you got the last of the great 4runners. tell me about the buying experience, inventory, adm's, negotiations. 4runners are hot.

[@mojavedesertsonorandesert9531]

Depends... I have two older Lexus & Hilux rigs I definitely fixed up and restored- 88 Longbed Hilux👍🏼 2000 LX-470👍🏼-stripped out the old suspension, put a full Ironman of road off road kit, new CV axles, upper arms, ball joints-everything that needed to be replaced- changed out the timing belt and everything that needed to be changed out- its an excellent daily & off-road rig- I over maintain my rigs! -also I live in the middle of the desert! Older Toyota 4×4 rigs are the best... It was well worth it!

[@colinellicott9737]

A rusting 2005 Pilot, and 2001 civic. Both need plenty of work and mucho $. I'm donating them both and getting a five year old low mileage Pilot. Safer, more comfortable, and more capable. Should do me for my last fifteen years driving, then I'll use whatever has replaced Uber and Lyft.

[@chrisjarkovsky1655]

Awesome video. I have a 90 honda accord with 225,000 miles on it and I bought it for $500 back in 2022 with 197,000 miles on it. It runs and drives very well, I did put in about $6,000 into it since then. Between tires, reman automatic transmission, timing belt with water pump, and an all new front suspension including the rack and pinion. There is very little rust, and the only thing wrong with it is that the a/c doesn't work. I get people taking pictures of it and asking me what I've done to it. My favorite thing is to see their reaction when I say it's a $500 car that runs and drives.

[@ryans413]

Well it’s a 6,500 car after those repairs lol but i get what your saying. Your AC problem could be many things hopefully there’s no leak if the refrigerant leaked out the compressor won’t turn on because of the pressure switch. You can test if the compressor works by jumping out the compressor clutch relay if the compressor comes on it’s then at least you know the compressor is good because that’s the most expensive part to replace. Good luck.

[@chrisjarkovsky1655]

@ryans413 i was told that the compressor is shot, which means that I would also replace the receiver drier and possibly the condenser. I found a genuine denso compressor and receiver drier for like $250 from rock auto. I would have to take it somewhere to get the system evacuated and recharged. I'm just not sure if I want to fix it yet.

[@ryans413]

@ evaporator core could be shot too and that’s in the dash could try to flush it out. But I get it I live where it gets hot so AC is a main priority for me.

[@chrisjarkovsky1655]

@ryans413 That is part of the reason why I'm hesitant to want to fix it. I don't want to rip the dash apart or pay someone to do it.

[@TheStagswag]

Sold 1 for scrap last week the peace of mind is invaluable, not having to do the run around

[@rico989]

Barely started watching the video right now have a 07 FJ cruiser with almost no rust on the frame. At 151k miles. I plan to keep it running and do an engine swap when needed. They don't make them no more. Just hope they have 07 engines by then. Do want to buy a Corolla hatchback while they still make them in Japan.

[@davidhunternyc1]

... and you don't have all that computer crap in it too. Good for you!

[@LibertyOrD___h]

I’m pretty sure they are still manufactured for the UAE,

[@rico989]

@@LibertyOrD___h discontinued in 2022.

[@smiththers2]

something tells me that you'll lose something else on that FJ before the engine goes, or someone will take it out for you in a crash.

[@TexasVexes]

*Me looking nervously outside at my 01 Camry and 01 Tundra* I do all the maintenance myself so it’s affordable. Everything besides major engine and transmission work. For most people owning a car over 10-15 years old is too much.

[@markmonroe7330]

Excellent presentation. Thank you. The key is to buy a reliable vehicle such as a Toyota and then do a high level of maintenance as you document. You also have to keep things repaired as you go and not let them pile up. Repair bodywork, dents and chips. Repair cracked windshields. Repair torn/worn interior items. Repair oil and coolant leaks. Once a person stops keeping things "repaired/maintained", the days are numbered for the vehicle. My biggest fear is having a virtually perfect vehicle with 300/400 thousand miles and some distracted driver hits me and totals it leaving me with an insurance check for a fraction of its value to me.

[@abbeyna01]

Unfortunately any careful driver can have an accident. It may even be caused by bad weather. Life is so unpredictable . But yes I see what you mean.

[@BG.108]

This is exactly why I drive a Toyota Yaris. They do not need extensive work, frequently. It makes it easier to keep up on the minor routine maintenance without feeling like I lost too much if something, god forbid, happened to it.

[@darkmugetsu6572]

With how modern cars are built worse and more complex with more expensive components. I think despite a very low money value, the reliability and cheapness of maintenance of certain older cars, outshines the monetary value.

[@silentwayfarer4951]

I'm with you but you also have to look at the availability of parts for the model you want to keep. Is there good aftermarket support? Many manufacturers stop making parts for cars over 10 years old and the parts stores and junkyards start to dry up.

[@subaruamazon]

if not for inspiration then desperation. i say 1200 1500 1700 payments and obscene oem prices and stealership adms are keeping people out of the showroom.

[@AbstractMindsThinkAlike]

My husbands 2004 corolla is still going strong with routine maintenance. He did have to pay 2k a few years ago on bigger things, but other than that, it's been great.

[@gettinjiggywitit5332]

Toyota maintained properly will run and run and run.

[@jonathancraven1163]

Thanks for the balanced perspective on this. We recently had to make this decision when our 2010 Toyota Sienna with over 200k miles on it unfortunately had "catastrophic engine faliure". Got multiple quotes to fix it. $5k -$10k to fix it depending on many different factors. Just ended up deciding to sell it and bought a new car. While I dont like the payment, it was the best option for our family at this time.

[@nostradamus7648]

Hope you got another Toyota.

[@BlitzHack]

you made the right choice. Lets face it after 200k you would just be chasing one issue after another. Life is too short. These guys who do their own repairs will disagree but who cares.

[@subaruamazon]

200k not a bad life.

[@kensmith2796]

Sounds like you made the right decision. I just spent 5k on a transmission rebuild for an old Jeep that has 160,000 miles. But if it was twice the price and over 200k miles, I would probably have let it go too.

[@subaruamazon]

@@kensmith2796 people are dumping a ton of money into their cars and for good reason. But ken, Didnt you want to pay 85k for a wrangler? come on man.

[@kevinyoungM14EBR]

Another outstanding informative video, thank you. Over a 24 month period, I faced these decisions head on with my rust free 2002 and 2007 Tundra trucks. The vast majority of rubber parts on my ultra reliable '02 dry rotted from heat & age and they cracked & tore during a violent emergency stop to avoid T-boning a Prius that turn in front of me. I spent money on repairing everything and performing a lot of preventative maintenance while I was at it... money well spent. I had a plan to upgrade and modify / customize the high mileage '07 Tundra that I bought cheap in 2017, that plan included new springs, shocks, wheels, tires, brakes as well as repairing smaller things that were wearing out or broken. Replacing the 3UR-FE with a low mileage engine 7 years later was not part of my plan, but I was able to modify my plan and make it happen... money well spent. The lack of car payments and lower insurance costs give the a great deal of freedom, so I will continue to maintain and repair these trucks for as long as it makes sense to do so.

[@haymaker299]

A coffee for you sir: you earned it

[@drx06]

I was in this situation about a month ago. Need a new clutch at 267k miles, along with the motor mounts, suspension, evap leak, possibly brakes. I had some money saved up and decided it’s time for a new ride. Went from a 2006 model to a 2016 model with low miles. Couldn’t be happier. Had a lot of good memories and adventures out of that old car.

[@Doomzdayxx]

You just wanted a new vehicle. More so than you liked your old vehicle. Nothing wrong with that.

[@Checkthefineprint]

Similar situation with my 218K Lexus RX330 2005 black Totaled and now going for a 2015 RX 350 black the former RX was mom’s, hard to let it go. Insurance will not fix.

[@drx06]

@ both are true. Had a good run, but it will always be something sooner than later. At least for a while I won’t have to think about motor mounts, suspension, brakes, etc. In addition to blind spot monitoring, backup camera, and having 43 k miles on the odometer, I think it was a good call. I don’t feel like I’m driving a ticking time bomb.

[@TastySurrealBowl]

I JUST had this same conversation for the hundredth time with a family member yesterday. I would add that people need to stop telling themselves “My car is just another appliance to get me from A to B. I don’t care about cars.” If your washing machine suddenly doesn’t run on any given day are you at risk of losing your job? If your microwave craps out will there possibly not be anyone there to pick up your child? STAY ON TOP OF YOUR ROUTINE MAINTENANCE and don’t treat your car like it’s just another appliance. The majority of Americans need that car to make their income, to get their medical needs taken care of, to deal with anything that isn’t in their home. Pay attention to your car like it matters to you as much as it actually does. Don’t ignore problems until they become catastrophic. If you keep investing in it in smaller increments as you go then you won’t get completely knocked down by a giant expense suddenly coming unexpectedly all at once.

[@charley95sheridan44]

I've found thru the years that giving car advice to friends & family is wasted breath, they never listen and do what they want.

[@jrtaylor2288]

I do almost everything myself, so it's definitely what it is worth to me.

[@IntegraDIY]

2:58 there’s plenty of older Japanese sport compact cars that are appreciating in value. You can buy one for $2000 from someone who doesn’t know what they have, and with a little cleaning and repairs have it worth $6000 or more.. and each year it’ll increase in value

[@sulljason]

One perk of living in California is the frames don't rust so as long as there is quality parts available you can keep going and going. Especially if you can do some of it yourself. It's a tool that you are spending to fulfill a need. Like a washing machine. How much can you get done for X dollars without endangering people or cheating people.

[@jacquesnaude5222]

You are an inspiration and a pleasure to listen to. Thank you for all the honest advice that you share through your channel. May our heavenly Father bless you and your family beyound measure.

[@marathoncamera]

A nice convergence of analytical thinking and rational decision making based on personal finance. Well done!

[@Ankorthmey]

This is exactly my dilemma now and love your opinions, you’re just a real professional tutor sir!!

[@Hellvoisin]

Salutation from the Great North 51, I recently put $5k on my 120,000 miles 07 Fj, front/rear suspensions, new lca and uca, it still run great. I was going to buy a 2025 Land Cruiser or 4Runner. I decided to wait and see on these new models. I still have my first car, a 1985 Celica Coupe with 99,500km.. I paid $k34 for the Fj in 2007, it was the first major repairs in 17 years, I don't think new Toyota will ever be that reliable ever... Keep up the excellent work you do!

[@marcpikas2859]

Nice. Hold on to it

[@Hellvoisin]

@@marcpikas2859 The Celica for sure the Fj 1-2 years maybe..

[@stephendibari5010]

As I've commented on your channel a few times before, nearly 4 years ago (April 2021) i bought my 1 owner 2002 Lexus ES300 with 160,500 miles on it. Researched the service history on Lexus's website which isn't running anymore. Timing belt, water pump and valve cover replaced at 88k miles. no other major repairs/maintenance were done. Car fax showed a minor accident in the rear quarter nothing major. Soon after buying it the rear struts starting leaking and within the first 2 years i had to replace the OEM Alternator, starter, exhaust flex pipe, Front brake calipers, all ignition coils and plugs. After the coil on cylinder #1 was misfiring, decided to change all 6 with DENSO coils & plugs. Knowing the history of this wonderful car, the awesome indestructable 1MZ-FE engine and the fact that i only paid $4.,495, I was in for the long haul. Now with 185k miles, 2nd timing belt & water pump replaced earlier this year, No transmission issues, shifts perfectly, I'm keeping this car for as long as i can. Retiring in 3-4 years and don't have any intention of replacing it. Interior is as good as new and every button/switch still works. best Build quality in this 4th gen ES.

[@JokingSteak]

I have a 2007 mustang v6 that I just bought from one of my instructor's sons this past summer. Been replacing little things here and there, mostly suspension work since its been sitting a while, and its been nothing but a great and fun car since. It has almost 168,000 miles on it, which I feel like is a lot for the car but it still drives really great. Trying to maintain it as best as I can for now, but regardless of my experience so far I can't help but think ahead and wonder about stuff like this.

[@albclean]

I've still got my 1990 Mustang GT convertible 230,000.00 miles needs a starter bought a 2016 Rav4 with 100,000.00 miles gonna put a starter in the Mustang when it starts getting warm and drive in the summer and just drive the Rav4 in the winter.

[@MyLifeThai371]

They made a KZbin video about a 2005 v-6 Mustang that has 335,000 miles on it and still running great. I am keeping my 2005 v-6 Mustang as my backup car, but I did have to buy a 36 mpg Honda Fit, because the 21 mpg mustang was killing me on gas since I commute 110 miles/day.

[@Kim-jong-fun]

Agreed, cars are not an investment but the emotional value they have for some of us cant be denied, (looking at you with your old lexus ls) some of them we buy not has tools but has fullfillment of old dreams

[@cityinthesky1341]

This is an excellent video. So much wisdom. Thank you!

[@LibertyOrD___h]

My 03 suburban is worthy of a full restoration in a couple years, it’s proven itself to be a vehicle reliable for working year round in northern Alberta’s -40 winters and +40 summers with basic maintenance

[@marcpikas2859]

How much is that gona cost you? Engine work?

[@jimn.9990]

An honest review by a highly honest mechanic, who possesses keen insight and provides a thorough explanation.

[@rightlanehog3151]

👏👏👏👏

[@skeptick6513]

Semi retired mechanic, i buy neglected cars or vehicles needing specific repairs ie motor etc but that are otherwise good, solid models and go over them thoroughly, typically prioritizing repairs over time. We have well maintained, reliable vehicles and zero car payments, but are fortunate because i have the expertise and equipment to do this. Being said, you have to evaluate cars well before purchase, you dont want a time bomb or money pit.

[@cubist12]

Seems to me like cars are kind of similar to furnaces. They can last forever with regular maintenance and some do it yourself work, but having a pro work on it costs a fortune and there's always underlying pressure to just buy a new one. With both, there's really only 1 or 2 things that could happen to it where you'd be like 'yeah, time to just get a new one'. As much as I *want* a shiny new car, not having car payments (especially as high as car payments are today) is a nice thing.

[@onenikkione]

Interest rates are high even for new cars today

[@BennyC-qg6rd]

Best video on the internet today! My daily driver is turning into a money-pit. I have started paying serious bucks just to keep her running. I will consider your advice. It's either keep paying or cut and run and buy another.

[@mattspontiacta]

I have a 2000 Lexus GS300 Platinum, that I bought 8 yrs ago with 200k on it. I paid 4500 for it. I bought it because it had a strong service history. The car now has 280k on it. I do all mechanical work to it myself. Replaced alternator at 220k , Rebuilt front suspension at 230k, new front rotors and pads at 250k , spark plugs , coil packs and valve cover gaskets , new upper and lower radiator hoses, T belt and WP, thermostat at 260k. Fluid change on the transmission at 270k. Used a 12 volt marine pump to suck it out where the transmission dipstick is. Did one quart a week 6X. Worked out good. Everything works great except two door lock actuators which I will fix eventually. Car is super clean people can’t believe it’s almost 25 yrs old. Goal is 400k on this 2JZ original engine and trans. Maybe more.

[@BlitzHack]

so how much would all those repairs would cost at the Lexus dealer?

[@BmoreAkuma]

What is up with folks wanting to flex with ancient luxury cars

[@alpha7ization]

I have a 95 GS that passed 300k miles this past summer. Its only driven in the spring and summer now but I am blessed to have a mechanic come to my house to make repairs when needed