Cars can cause a lot of unexpected expenses when they get older and start to break down more and it is not often easy to know when a car should be traded in for a newer model. This reader wanted to know opinions on how one can tell when it’s time to get rid of the old car as to not waste money:
I need some help on what I should do with my current car situation. My current car is on its last legs and recently has been costing me quite a bit of money in repair bills. I’ve paid out over $500 in the last 2 months and it has drained my emergency fund.
I know that it will be time for me to get a new car soon, but I don’t have any money put aside for it. I’m wondering if