May 2021 2 108 Report
1998 Altima, 175K miles: Fix it, or dump it?

When is it time to give up on a car?

Background: 1998 Nissan Altima, engine runs tight (doesn't use oil), has new plug wires, new distributor cap, new plugs, new EGR valve, newer radiator, newer alternator, newer brakes, newer tires. I've owned the car for 10 years.

Now, however, it's transmission is shot, to the tune of $1800.

The car has a market value of $1900. Obviously, selling it in the condition its in MIGHT bring $800 at best.

Do I spend $1800 and keep it, or basically walk away from it and start over?


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