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Joined 1 year ago
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Cake day: October 27th, 2023

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  • My friend’s algorithm for replacing a car is:
    If you spend 50% of a year’s worth of car payments on repairs, two years in a row, it’s probably time to get rid of it.
    For example, if your car payment would be $400: $400 x 12 = $4800. If you spend $2400 in repairs two years in a row, it’s time to consider letting it go.

    That doesn’t count wear/maintenance items. Brakes/tires/fluids/wipers are all routine maintenance items, and don’t count. Learning how to do your own maintenance is *well worth* the effort. Youtube is an excellent resource.