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From: mangoe@umcp-cs.UUCP (Charley Wingate)
Newsgroups: net.auto
Subject: Re: When to trade
Message-ID: <172@umcp-cs.UUCP>
Date: Sat, 29-Sep-84 23:15:13 EDT
Article-I.D.: umcp-cs.172
Posted: Sat Sep 29 23:15:13 1984
Date-Received: Mon, 1-Oct-84 04:17:27 EDT
References: <150@umcp-cs.UUCP>
Distribution: net
Organization: U of Maryland, Computer Science Dept., College Park, MD
Lines: 17

[Ed Spigle]

>> The time to trade (in mybook) is when the cost of repairs
>> is equal to or nore than the cost of new, used, car payments.

[Dennis Gibbs]

> The problem with this method is that by the time a car requires $200 or
> more a month to keep it on the road, the incovenience of having to repair
> the car every month would be far too great for me to tolerate.

Well, when figuring the cost per month, include the time lost due to down
car (including towing, calling up rescue parties, etc.).  Your time is
valuable, after all.  I suspect that for most people the time lost and
the frustration due to breakdowns far exceeds the actual repair costs.

Charley Wingate