April 6th - "When to pull the plug on a four wheeled family memeber?"

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When to pull the plug on a four wheeled family member?

When Galactic Goat isn’t on bare hoof frolicking in the clover

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Or exploring the wilds of the Mojave desert in his recently acquired (old but excellent) Chevy Blazer

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Or storming the skies in a ASC transport vessel

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He’s bombing the boulevards in his very comfortable, but aging 10 year old GM sedan.

About 2 years ago the car started dripping oil. It was an inopportune time, financially, to have the problem addressed, and the leak was small, losing maybe 1 quart of oil every three or four months. But as with all things ignored, the problem continued to grow. To the point that now the oil loss is more like a quart a month. And the mess in the driveway… well, imagine pouring 12 quarts of oil onto your driveway.

A couple weeks ago I had a factory recall service done, and asked the dealer’s service department to check on the leak. The news wasn’t good. They recommend a complete engine reseal at a cost of around $2,000.

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The car has 160,000 miles on it, and the KBB value is around $3,500. OTOH, it runs very, very well, getting 27mpg when commuting to work, and 34mpg on road trips. Not bad for a full size sedan. No mechanical malfunctions (other than the leak) and all the accessories and gewgaws work.

The dilemma: How much money to put into repairing a car with a value so low? This choice is a bit more complicated for me, since I have the experience and tools to complete the repair myself (though time and garage space is more of a challenge). It’s difficult to pay someone else to do a repair I’m very capable of doing myself, but considering my limited free time, it might take me 8 to 10 weeks to finish the job. And all that time, I’ll have a disassembled engine in my garage sucking up what precious little extra space there is anyway.

Simply trading in on a new car isn’t an option. I refuse to do car loans, and right now isn’t an ideal time to shell out $15K to $20K in cash on a new car.

Fortunately, the old girl continues to run well. But there’s always the chance… not even a small chance… that one of those leaking seals will decide to blow out on a random Tuesday morning, leaving me in an uncomfortable situation.

So until I make a decision, I’ll continue driving my new (old) Blazer, and contemplating the conundrum.

I’d like to hear how you make the choice to repair or replace a vehicle? Are you the sort that trades in every couple years so you never have to consider these choices? Are you the sort that drives a car until it just won’t drive anymore before replacing it? Or are you the sort who’s diligent about repairs, no matter the cost/benefit equation? I’m anxious to hear how you all face these little inconveniences life hands us!

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