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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 drive my Caddy, but (because of the head gasket issue), I have stayed in town because of the overheating problem which could occur when I put it on the road. In other words, I have milked it along and done none of the three options I considered in that post. Nothing, that is, until I recently had a Jasper rebuilt engine installed, at a cost of $5,200. [click to continue…]
by Joe Plemon on November 2, 2011
in Vehicles
Vehicle depreciation will silently gnaw away at your financial foundation
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 all too often shoved ignored. If you are ready to tackle this silent parasite, these three tips will help: [click to continue…]
