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New car or not???

Discussion in 'General Discussions' started by ralphie250, Oct 17, 2012.

  1. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    I have a 99 ranger that blew the fuck up yesterday. It needs a motor. Its about $3000 for a motor including everything i need. It has 240k on it. Here are my options. Fix it or buy a new/used truck.
    Story is this. Truck isn't worth 3k. I don't have 3k laying around. And i dont have the $ for another car payment. My credit isn't the best in the world. So, what would you do and why??
     
  2. SirLance

    SirLance Death Therapist

    Do you have any transportation alternatives while you save the $$$ for a reasonable used car?
     
  3. ASU2003

    ASU2003 Very Tilted

    Location:
    Where ever I roam
    Get a loan from a credit union for a inexpensive used truck in the sub $5k range. Just know what you are looking for and what is good.

    Use a bicycle. ;) If something happens to my car, that is what I would do and just rent a vehicle the few times I really need one. But I don't come close to driving 240k in 14 years either.
     
  4. Borla

    Borla Moderator Staff Member

    How far is your commute? Aside from work, how much do you need to drive?

    Do you have any budget in mind if you did have to buy something?
     
  5. Xerxes

    Xerxes Bulking.

    Really tough one. I try to explain this to people and they never seem to understand. It doesn't matter what kind of vehicle you have. A car is expensive. If you buy an expensive car and don't spend expensive money to keep it expensively maintained you will wind up with an expensive hunk of metal. The same for an inexpensive car. There will always be a monthly expensive issue with it that requires an expensivefix.

    I wonder if you catch the drift.

    Your only option is a loan. You live in GA? I am to understand their transportation system is slightly better than NC. Which is to say it slightly sucks less. If you require reliable transportation in order tofeed your family, you need to get to Free Annual Credit Report and see if you have any derogatory shit that you need to either contest or take care of.

    Go there now. Report back and I might have more rambling for you to read.
     
  6. Stan

    Stan Resident Dumbass

    Location:
    Colorado
    Any backyard auto mechanics that owe you a favor? Can you kiss up to one?
    Used 99 ranger engine
    Swapping out an engine is outside of my skill set; but I've helped friends do it.
     
  7. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    No.:(
     
  8. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    Alot. 20 miles one way to work. Alot of other driving. Not really any budget just cheap as possible and good ( which don't exist)
     
  9. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    Sir, i will go there in the morning, sir.
     
  10. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    I built transmissions for 10 Years. I can do it, just dont want to put more money in it than it is worth
     
  11. SuburbanZombie

    SuburbanZombie Housebroken

    Location:
    Northeast
    Too bad you are so far away...my 99 Ranger sits in the driveway for weeks on end sometimes. Drive train is great, body is rusting out.
    Is the $3k the price from a junk yard? Sounds kind of high if it is. Not exactly an exotic motor...they built what...about a gajillion Taurus' (Taurii?) with that 3.0L.
     
  12. ASU2003

    ASU2003 Very Tilted

    Location:
    Where ever I roam
    If you want a 96 Chevy S10 motor, I have the pieces to one. It is all torn apart on my garage floor like the aftermath of a plane crash though.
     
  13. Ozmanitis

    Ozmanitis Trust in your will and Hope will burn bright!

    Location:
    Texas USA
    I haven't had good luck with re-built engines..So I highly recommend a new/used car..as too how to get one...nothing that anybody as said comes to mind. Sory I couldn't be more help.
     
  14. Innocentmiss

    Innocentmiss Getting Tilted

    I'm guessing its different over there, over here in the UK if my car dies I can get a run around for about £800, (or less for a real rust bucket!) a run around tends to last a year or two with a little bit of maintenance. My sister sold her Corsa for £400 and its still running over a year later, it just needed some fibre-glassing (anyone can do that with a little bit of patience) and its not the prettiest car but it still works mechanically!
     
  15. cynthetiq

    cynthetiq Administrator Staff Member Donor

    Location:
    New York City
    see you should have sold that meth you found :)
     
    • Like Like x 2
  16. ralphie250

    ralphie250 Fully Erect

    Location:
    At work..
    True :D
     
  17. Even if you leave it unlocked, I guess no one can steal it.
    I buy cheap. One I have now is small, a ford fiesta, cost £850 plus £250 for rear wheel arches to be welded/repaired and made to look like new. Last car cost me about £400, and every year she would go for her road test, and the garage people would laugh and rub their hands with glee - and she would sail through. She was a 1986 suzuki swift convertable. I had her for years and got £400 back when I traded her in - which I wish I hadnt, she was my friend and had a name, and I knew where the spiders lived. Just as expensive doesnt always mean good, cheap doesnt always mean crap.
    I used to cycle to work, ten miles each way, sometimes twice daily. Ralphie, you will get buns of steel. Women will lean out of cars and call 'wish I was the saddle'. Isnt that right Azu:)
     
  18. Xerxes

    Xerxes Bulking.

    It would be like breaking half bad. Because he didn't cook it.
     
  19. Lindy

    Lindy Moderator Staff Member

    Location:
    Nebraska
    Ralphie, I do financial planning, investments, and "asset management" for a living. Here's my take on it:

    How is the rest of the truck, apart from the blown motor? If transmission, rest of drivetrain, suspension, interior are good, and body isn't all rusty, it may be worth renewing or replacing the blown motor. If you know that the rest of the truck is good... are you more comfortable with the devil that you already know, or would you rather live with a different devil that you don't know? Which is to say, a different, unknown quantity, used car or truck?

    If you're really lucky, you might find something that's mostly good and super cheap because the transmission went out. Right up your alley.:)

    Three years ago I spent $1500 on renewing the transfer case and transmission on my 1981 AMC Eagle wagon. That's about what it is worth, but I knew I couldn't get anything better for that money.

    Ralphie, don't you work for a dealer? Maybe they might loan you something for a couple of weeks while you sort things out?

    I posed your question to my dad, who is 67 years old and has always driven older vehicles, mostly that he has bought from private parties and on ebay. He suggested that you look on ebay, or craigslist from places down in Florida where there's lots of old retired folks who are dying off or being compelled to give up driving.

    Do you have to have a truck? It's a guy thing, I know, but...
    You can probably buy a low miles well maintained ten or fifteen year old car (probably a Buick) like this
    BUICK PARK AVENUE
    for under $2000 from some blue-haired old lady, because nobody wants it. Or an old Dodge Caravan, like this
    *1995 Dodge Grand Caravan Sports Edition* (Reduced for Quick Sale)
    with a busted transmission. Hey, don't you do transmissions?

    The worst thing to do?
    That would be buying or leasing a new truck, might be the easiest (they make it easy for people who shouldn't buy a new car to buy one) which would depreciate by thousands as soon as you turn the key. Never borrow to buy something when its value falls "like a rock." Sorry Chevy trucks.;)

    A new vehicle is expensive, depreciates rapidly, besides, it will also cost lots more to license and pay sales tax. And you'll have to have collision insurance because of the loan, so your insurance will probably at least double.

    Well, you asked what we would do, and why.:D

    Lindy
     
    • Like Like x 1
  20. fflowley

    fflowley Don't just do something, stand there!