Personal Finance & Vehicle Ownership Repair vs. Buy New Why Major Repairs on a 10-Year-Old Car Can Still Be the Smarter Move $2,000 Control Arm Repair $750/mo Avg New SUV Payment $83/mo Maintenance Cost 5–10yr Extended Life 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 T...
An introspection and ongoing dialogue with myself on how to live simple in this modern, materialistic society.