Repairing a 10-Year-Old Car vs. Buying New: Why Major Repairs Can Still Be the Smarter Move The Decision Point: Year 10 Many drivers hit the 10-year mark and assume it’s time to replace their car. Suspension wear, aging components, and the first wave of “big repairs” start showing up — and the instinct is to avoid the bills by buying something new. But with today’s new-car prices, that old rule of thumb no longer makes sense. Often, what looks like a scary repair bill is actually the equivalent of one year of new-car payments — and that investment can extend the life of a reliable vehicle another 5–10 years, loan-free . A Real Example: My $2,000 Control Arm Replacement I recently replaced the front control arms on my 2016 Toyota Highlander. The job cost $2,000 at the dealership, alignment included. It’s not cheap — but it’s also not unexpected for a 9–10-year-old vehicle. Control arms, bushings, and suspension components naturally age, especially on a daily driver. And I chose O...
An introspection and ongoing dialogue with myself on how to live simple in this modern, materialistic society.