Trade it or Keep?
April 27th, 2016
Think of big maintenance bills simply as a car rental fee. What would my car be worth a month to drive if I could just rent it? Would it be worth $200 or $600?
I tell everyone that ANY car is worth $200 a month to drive or $2400 a year for the privilege of having the car at your disposal. Other cars and trucks are worth more. A three year old Toyota may be worth $300 a month, a new Suburban can be worth $400 a month and a new Mercedes may be worth $500 or more. But basically, any car is at least ...