Chris writes:
Hello Sajeev,
Like many of the people who write to you, I am having trouble deciding if I should keep my current car or trade it in for a new one.
I currently own a 2010 Honda Civic EX-L with 140,000 miles. It has been the single most reliable car I have ever owned. I keep it meticulously maintained and generally change its oil every 6 to 8 weeks. Otherwise, I have only paid for a set of brakes and new tires.
A week ago, I test drove a brand new Honda Accord Touring and fell in love. The dealership has offered me an excellent deal that includes trading in my Civic. My dilemma is that I feel an allegiance to the Civic. The car has the soul of a toaster and is not exciting to drive, but like a trusty horse, it gets me everywhere I want to go without any complaints. The Civic will eventually need repairs as it approaches 200K but I feel like I would be letting it down by trading it away. On the other hand, I can easily afford the payments for the Accord, but I generally try to avoid debt.
What should I do Sajeev? Should I cut the Civic loose and replace it or keep on driving until she can carry me no more?
Sajeev answers:
Define that moment you "fell in love" with the new Accord. Love can be fleeting and loyalties/commitments break shortly afterwards.
Also consider the information given after that statement of love. I question your resolve: you feel like you're letting down your Civic? You generally try to avoid debt?
No way are you in the game for a new car. Considering the mileage and your (rather aggressive) maintenance routine, the Civic is worth more to you than anyone else. Keep it until the repairs cost more than its value on the open market…or to you. Right now big-ticket repairs like transmissions, rust damage, blown head gasket, etc. are the only reasons you'll change your course.
If that resonates with you, run with it.
Send your queries to sajeev@thetruthaboutcars.
The post Piston Slap: Dear Honda, What is Love? appeared first on The Truth About Cars.
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