I know there's no right answer and it pretty much depends upon one's preference. Was interested in finding out people's views as to which point is it financially savvy...
Loren S. replied:
In the decision of keep or replace, consider not only the costs of maintenence, but also frequency - how often you'll have to take it in, be without it, pick it up, etc. This is also known as the PITA factor. 1 year or 3 years can also depend on the kind of car. I'd sooner buy a 3 year old Japanese car than a European one. Speak to Daniel Ginensky and tell him I referred you. 057 477 2660.
Jay A. replied:
Daniel Greenspan I believe you're referring to the first generation of Fiat Panda (1980-2003). From what I've seen, the second generation (2004-2012) gets pretty good reliability grades, for example, http://www.reliabilityindex.com/reliability/search/95. That particular site uses data from the UK. I owned a 2007 model for a little over five years, and I currently have a 2011 model, so I do not have much anecdotal evidence yet. Nonetheless, I haven't had any serious, unexpected, or expensive issues with either (yet?, tfu, tfu).
Is it financially smart and beneficial to take car insurance on a brand new car through the insurance company that the dealership company recommends , in our case its...
Our car is 18 years old and not in great shape. We have a major home renovation coming up (Tama 38) so won't have much of a cash down payment to buy a new or used car....
I just did my annual service for my car as always at the official car dealer service centre. I think I got fleeced by not going to an unofficial garage for the service....