+13 votes
by (1.7k points)
What would you do: I have a 2002 Tahoe that's in immaculate condition *inside*. Save the drivers seat. It's clean, despite two families being raised in it. Immediate need: It's had a slow oil leak, a typical problem for that year engine, and in November, it became increasingly more oil. It needs a new seal. The engine has to be removed to replace the $75 seal. It *could* need a new engine within a couple years too, just following the pattern of that vehicle. Rear combat control repair $750 It has cosmetic problems, including rust on the undercarriage. A lot of rust. It has 250k+ miles, which isn't unheard of for that year vehicle. If we repaired EVERYTHING, it would cost a couple thousand, more if the engine is involved, and time. It's been parked since November, so time isn't a huge issue. We owe nothing on it. I've been driving my husband's truck (rural, trucks are a necessity), and while I don't hate it anymore, it isn't my Tahoe  We've listed the Tahoe, and removed it, and talked about listing it again. We can't seem to decide what to do. I know that replacing it with a similar vehicle will cost far more than repairing this one now. But I'm driving the truck. (is an extended cab, and we have three children, so it's cozy, but not awful), so I am not without a vehicle. Our tags are due for renewal on the Tahoe. Would you tag and repair, then drive until the wheels fall off? Or sell and be done with it? ETA my husband would be doing all of the mechanic work, so no shop expenses
What would you do: I have a 2002 Tahoe that's in immaculate condition *inside*.

10 Answers

+13 votes
by (16.2k points)
Honestly, you have an amazing Tahoe with those miles! I would say maybe list it as a mechanics special, get what you can out of it and if it’s in your budget, find another used one since you love it so much (I love mine too). That thing has served you well!  
by (16.2k points)
To add, with all the specials and things going on, and shopping around, you may find it to be worth while, like I said, if it’s in your budget.  
+3 votes
by (10.9k points)
I’ve always wanted a Tahoe ❤️
+1 vote
by (9.2k points)
I’d repair it and then drive it until the wheels fall off. Start paying for the next vehicle now.  
+9 votes
by (1.8k points)
If the repairs are less than what you would spend on monthly car payments for the amount of time it would last after repairs, then repair and ride it till it dies! Example, repairs would be $2400 and expected to last 2 more years, that’s $100/month for that amount of time. No new car payment will be $100 for 2 years. . Hope that makes sense.  
by (1.7k points)
It does. Thank you
by (240 points)
@procne9612 That's a Great Idea! And great way to break it down.  
by (1.7k points)
Yes! I knew the repairs to payment idea, but didn't know how to figure the time in.  
by (3.5k points)
Also- you could start putting aside a "car payment" each month in a sinking fund with the expectation you will need a newer vehicle at some point. With any luck the Tahoe will hold out and you won't need it for awhile. If not then its down payment money. Best of luck to you.  
+1 vote
by (240 points)
I have a 2004 with 300, 000+ that just got retired. Also have a 2014 Tahoe and a 2011 suburban. Best trucks on the market in my opinion. However we own an auto repair shop and probably wouldn’t put the money into yours if We were in your shoes.  
by (1.7k points)
My husband would do the work, so it would be less than shop fees. Does that change options?  
by (240 points)
@noheminoil50570 well then yes I would fix the oil leak, but probably wouldn’t go as far as replacing the engine. Though to be fair the only 2 things that ever needed to be replaced on my 2004 was a water pump and an alternator. When my husband said 6 months or so ago, if anything went on it or needed fixing he was not doing it, I was really upset. Not that I drive it anymore I just felt bad because that was the best vehicle I ever owned.  
by (1.7k points)
They really are! I feel like I'm taking about ending a friendship or something
by (1.7k points)
I just remembered part of the hold up is a rear climate control. Hubs said it'll be about $750 to repair, but there's no heat or air
by (240 points)
@noheminoil50570 yes exactly ! My family grew up with that truck. Both kids drove it after they got their licenses. It took us on many trips. It’s so sad.  
by (1.7k points)
I'm not sentimental about much, but I didn't expect a vehicle to be one of those things
by (240 points)
@noheminoil50570 oh that’s a huge problem for me. No heat ?!? Nope !  
by (240 points)
@noheminoil50570 Me either !  
+10 votes
by (1.4k points)
I would recommend repairing and driving until the wheels fall off. In the meantime, if your budget allows, start a new car fund so when the Tahoe dies, you have a bit of money already set aside. It could be a solid two years before that happens and if you save $100/mo, that’s $2400 right there!  
+6 votes
by (4k points)
I would sell it. Sounds like it’s going to turn into a money pit. If you don’t NEED it, it’s not worth it in my opinion.  
+5 votes
by (9.8k points)
Repair it and drive it. You even said yourself it would be cheaper to do that than to buy a new one.  
+8 votes
by (2k points)
What’s the value of the car vs the cost to repair?  
by (1.7k points)
These still have great resale. We listed it for $2k before removing it, but they private party sell higher than that. Aside from replacing the engine, it would cost about $2k to fully repair everything, including panels and paint for the rust on the rear fenders (there is rust along the running boards on both sides, but i don't know what those costs would be)
by (2k points)
If you love it, fix it.  even if you put 5k into it, it would be worth it. I just put 3k into my 07 corolla. I bought it with 102 miles. My hubby drives it and has a long commute. He doesn’t want a new car. Plus he’s now working from home until December. Even then, he may not be returning to the office full time. It’s doesn’t make sense for us to replace it.  
+9 votes
by (3.6k points)
Sounds like you’re not ready to give it up and since it would cost less to repair than replace, just renew tags and repair. Seems like it will still have some life left on it once everything is complete.  
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