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> when repairs get more costly than what it's worth I've never understood why that would be a relevant criteria? If the car is cheap enough, it's easy for any
by jjav 6d ago
> when repairs get more costly than what it's worth
I've never understood why that would be a relevant criteria?
If the car is cheap enough, it's easy for any repair to cost more. So what?
The comparison to make is not whether the repair cost or car value is higher.
The interesting comparison is whether repairing this car I already own is cheaper or more expensive than selling it getting a different one. Nearly always (unless catastrophic failure like blown engine etc) it is cheaper to repair the one I already own.
- abound 5d ago"Than what it's worth" is basically a shorthand for "if the cost of repairs is more than what it'd cost to buy a less problematic car, it probably makes more sense to just buy a less problematic car with that money"