My post “My car needs a new engine. Should I sell it, fix it, or junk it?” from October, 2010 received quite a few comments, with many recommendations to sell it, quite a few to fix it, but only a couple who thought I should replace the engine. Since that time, I have continued to [...]
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If you are going to own a vehicle, you will pay for depreciation. It is one of those unavoidable expenses which, like termites, will quietly and secretly gnaw away at your financial foundation. Depreciation expenses are especially sinister because they remain in the background (who actually writes “vehicle depreciation” into his budget?) and are therefore [...]
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