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Old 02-27-2010, 03:33 AM   #1 (permalink)
 
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Default Should I get a new vehicle?

I have a 1999 Dodge Ram 1500 and LOVE IT! It's been great up until this year. Now everything is breaking down: Had to get a new battery, new engine, the transmission is malfunctioning, four new tires. I have the money to buy a new GMC Terrain but I'd rather keep my truck. I haven't bought the engine yet but it'll be $2100. Should I trade it in for $4,500 after I buy the 2100 engine? Or fix everything and keep it?
The Air conditioning also broke on my truck.

The GMC Terrain has much better gas mileage but a weak 2.4L I-4 engine compared to my V8 5.9L
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Old 02-27-2010, 04:03 AM   #2 (permalink)
 
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Default Should I get a new vehicle?

Go ahead trade it b/c it's value won't increase just by putting in a newer engine. Get the Terrain or even hunt down a used GMC Envoy. If you still want a truck then get the GMC Canyon. You can get a V8 in it as an option. Anything would be better on gas than what you have now.
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Old 02-27-2010, 04:33 AM   #3 (permalink)
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Default Should I get a new vehicle?

Its ALWAYS cheaper to fix an old car.

Fix it as long as you plan to keep it for several years to forever.
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Old 02-27-2010, 05:03 AM   #4 (permalink)
 
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Default Should I get a new vehicle?

If you trade it in for $4500 you're only getting $2400 for it. You have to pay yourself back for the $2100 you spent on the engine.

I'd trade it but the last thing I would do is buy a new GMC Terrain. I'd buy something 3 years old and save myself a few thousand dollars.
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Old 02-27-2010, 05:33 AM   #5 (permalink)
 
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Default Should I get a new vehicle?

I would not buy anything anymore for this vehicle. First, its a Dodge. I would scrap it and buy a new Ford. If I were you, I would wait for the Ford Ranger to come out later this year. The old one is dependable but over-aged. A question I have for you is why did you buy a new motor? Do you beat your automobiles? Do you maintain them (meaning check for leaks until its too late)? I have a 99 Dodge Dakota and I almost ruined the motor. I went to change the oil and a little more than a quart came out. Thats bad on my part. I check more often now.
Again, my advice for you is to find another vehicle, preferable a Ford and treat it nice. I would stay away from gas guzzlers. Reason being is that the Middle East is again unstable and Lord only knows when the next gas price hike is coming.
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