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SportTrac Discussion
General Sport Trac Discussion
Wanted: Looking to buy a 02-04 explorer....
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<blockquote data-quote="Tom Schindler" data-source="post: 743310" data-attributes="member: 56140"><p>I am not saying you are wrong. If you are not handy under the hood, a mechanic will make it hard for you to make out.</p><p></p><p></p><p></p><p>A tranny could go out in a car with 36,001 miles. The difference is if I buy a high mileage car with, lets say 150,000 miles, and stick $1,000.00/year into it to keep it running, it might sound like a losing proposition.</p><p></p><p></p><p></p><p>Look at it another way. I paid $23,000 + tax for my Trac in 2002. I have driven it for 5 years. It is now worth about $9,000 according the KBB's private party value. So, in 5 years, I took a hit of about $14,000.00. That comes to about $2,800 a year loss.</p><p></p><p></p><p></p><p>I would have to spend $2,800/year in repairs to be in the same boat as my Trac is now.</p><p></p><p></p><p></p><p>That is right, $2,800/year in repairs to be even with the loss I experienced.</p><p></p><p></p><p></p><p>Some of us are unable to do simple repairs. Sure, a high mileage used car can be a headache, but at the same time, it can also be a wise investment.</p><p></p><p></p><p></p><p>The longer you keep a car, the more it will pay for itself. Buying a high mileage car just speeds up the return. The most you could possibly lose in a high mileage car is the price you paid for it. Buy it right, and the possible loss is the initial hit you take driving a new car off the lot.</p><p></p><p></p><p></p><p></p><p></p><p>Tom</p></blockquote><p></p>
[QUOTE="Tom Schindler, post: 743310, member: 56140"] I am not saying you are wrong. If you are not handy under the hood, a mechanic will make it hard for you to make out. A tranny could go out in a car with 36,001 miles. The difference is if I buy a high mileage car with, lets say 150,000 miles, and stick $1,000.00/year into it to keep it running, it might sound like a losing proposition. Look at it another way. I paid $23,000 + tax for my Trac in 2002. I have driven it for 5 years. It is now worth about $9,000 according the KBB's private party value. So, in 5 years, I took a hit of about $14,000.00. That comes to about $2,800 a year loss. I would have to spend $2,800/year in repairs to be in the same boat as my Trac is now. That is right, $2,800/year in repairs to be even with the loss I experienced. Some of us are unable to do simple repairs. Sure, a high mileage used car can be a headache, but at the same time, it can also be a wise investment. The longer you keep a car, the more it will pay for itself. Buying a high mileage car just speeds up the return. The most you could possibly lose in a high mileage car is the price you paid for it. Buy it right, and the possible loss is the initial hit you take driving a new car off the lot. Tom [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Wanted: Looking to buy a 02-04 explorer....
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