At what point do you let a car die? - Page 2

Qwerty321 · 28-05-2016, 02:23 PM

Quote:

Originally Posted by mike_nofx

Or imagine having bought $900 (3 years later) of Apple shares instead of a run down car! Price increase of 23000%.

Just think, there's probably another company on the market right now who's going to somehow come out with a massive new innovation and skyrocket in value, and we just don't know it yet...

mike_nofx · 28-05-2016, 03:40 PM

Quote:

Originally Posted by Qwerty321

Just think, there's probably another company on the market right now who's going to somehow come out with a massive new innovation and skyrocket in value, and we just don't know it yet...

Highly likely that some company starting out this year could be worth huge dollars in 40 years.

But as for the next GTHO, I think people are hoping that will be the XR8 sprint.

Qwerty321 · 28-05-2016, 04:46 PM

Quote:

Originally Posted by mike_nofx

Highly likely that some company starting out this year could be worth huge dollars in 40 years.

But as for the next GTHO, I think people are hoping that will be the XR8 sprint.

I'll be honest, it's probably Tesla. Like as much as we hate to admit it as car guys, Tesla's going to be the next apple. I mean it's not like Tesla share's are cheap, they've already gone up quite a bit, but there definitely going to go up a lot more.

**Fordman1** · 28-05-2016, 04:56 PM

Quote:

Originally Posted by Qwerty321

I'll be honest, it's probably Tesla. Like as much as we hate to admit it as car guys, Tesla's going to be the next apple. I mean it's not like Tesla share's are cheap, they've already gone up quite a bit, but there definitely going to go up a lot more.

They want to become mainstream.

Ie: BMW

That means they won't be increasing in value.

Same old depreciation as any other car.

Qwerty321 · 28-05-2016, 05:15 PM

Quote:

Originally Posted by Barraxr8

They want to become mainstream.

Ie: BMW

That means they won't be increasing in value.

Same old depreciation as any other car.

I was talking about buying Tesla shares as an investment, not Tesla cars lol.

**Fordman1** · 28-05-2016, 05:23 PM

Quote:

Originally Posted by Qwerty321

I was talking about buying Tesla shares as an investment, not Tesla cars lol.

So it had zero to do with the thread ?

Qwerty321 · 28-05-2016, 06:23 PM

Quote:

Originally Posted by Barraxr8

So it had zero to do with the thread ?

I guess you could say that lol. Funny how we start somewhere and end up going on a completely different tangent. My bad.

mike_nofx · 29-05-2016, 08:40 PM

Quote:

Originally Posted by Qwerty321

I'll be honest, it's probably Tesla. Like as much as we hate to admit it as car guys, Tesla's going to be the next apple. I mean it's not like Tesla share's are cheap, they've already gone up quite a bit, but there definitely going to go up a lot more.

You could be right. Probably also battery companies, surely there needs to be a big battery technology breakthrough soon.

Bearr · 12-07-2016, 08:34 PM

Google Vernadium redox batteries, & gallium arsenide solar cells, UNSW has the Tech but it gets buried by the the big oil & auto industries, OH & Electric companies!!!!

chevypower · 13-07-2016, 03:06 AM

When the cost of repair is greater than the difference in the vehicle's value before and after the repair.

mcflux · 13-07-2016, 08:23 AM

If $1500 sorts out the existing niggles in a car you know & love then that's a far better hit than $4k on an unknown vehicle. In your situation I'd only spend $ on what is a safety or reliability issue & put up with defects that are merely annoyances.

I'd reached that point with my BF Fairmont last year - it had 412k on it & had reached a point where I could either spend the $ on it & keep driving it (brakes, tailshaft, rear suspension all sad), or sell it off cheap as-is. If I wasn't looking for a dual cab at the time I would've spent the $ on the BF to keep it running as I knew all of its good & bad points. It was a fantastic car that gave me relatively trouble-free driving, was comfy, & the JTG LPG saved me a motza in $$$ on running costs.

Something random may crap itself in your car the day after you fix everything, but the same may happen with the $4k car you buy.

Quote:

Originally Posted by malazn mafia

a cheap throwaway car like (a) Ranger, Hilux

wut

barnz_xr8 · 13-07-2016, 08:35 AM

man if u get sick of it let it sit for a year, within 6 months u will miss it and start driving it again.

AJ09 · 13-07-2016, 08:45 AM

As others have mentioned, rust and economics.

Early last year my AU needed repairs (again), just more things wearing out as you would expect with a 16 year old car.

At the time I found rust in the roof, behind the rear bumper and around the boot struts and the LPG tank was due for testing this year so I decided it was time to trade in and update.

Since buying my FG I have spent some $ however the car is now better to drive than when I bought it.

Fortunately I do the work myself so not a huge outlay.

ebv8 · 13-07-2016, 08:46 AM

if you enjoy working on it keep it going, i love working on cars so i keep buying old sh.tters.
least its a falcon and easy to fix and plenty of used parts (in Aus)

bomber1993 · 13-07-2016, 12:45 PM

I have a Ba mk2 Fairlane ghia as a daily I love it but mine is starting to feel a bit tired also. My plan is to hold onto it until i can afford a G6E Turbo

Big_Damo · 13-07-2016, 01:56 PM

If you like the car keep it going as it is always going to be a desirable car
I have a 64 Toyota Corona that would be worth nothing now and if I was to do a ground up rebuild possibly 500 but as my grandmothers only car and a 1 owner it has sentimental value to me and I will spend the money to get her looking good when I can
Only a machine but it is amazing how we become attached to cars
So keep the Fairlane and make her into a show car one day
'You will not regret that but you may regret selling

Qwerty321 · 13-07-2016, 05:14 PM

My long term plan for this car is to chuck in Turbo Barra and make it into a show car or a semi sleeper. Haven't put much thought into the exact plan yet as I plan on keeping this car as a daily throughout uni and only beginning proper project work on it once I buy an eco daily when I get a job following my degree.

TheInterceptor · 13-07-2016, 10:59 PM

The way i see if, if its been good, then $1500 to fix it is still cheaper than $4000. Thats just maths. If its been reliable then its worth it. A few cars ago i had an AUII wagon. Something went wrong every 5000kms or less. So a long story short, we stripped it for parts and sent it to sims. Total rubbish.

The latest to my stable is the EAII Ghia wagon. 351xxx and counting. Just about everything mechanical needs work. Body, everything needs work. But its in my top 3 best cars ive ever had though and its worth spending $8k to get it back up to spec. Better than spending $8k on modern crap, and yes i know an EA is the first of the modern era but is still fairly oldschool except for the high tech BTR 4 sp. Its funny because its been reliable as aswell.

Keep and fix it! Wagons and Fairlanes are going to be a rare breed one day...Falcons are popular bush hacks, cheap and hardy. Means most will dissapear pretty quickly when the time comes. Currently, its the AU's turn.