Before I bought a new car I could completely rebuilt and repaint one of my Lincoln town cars and have lots of cash left for gasoline. But, then neither of them need rebuilt and I can always find another one with low mileage for under 5 grand
Same goes for my Ford Heavy Duty with 7.3 powerstroke, except the prices for those id going up not down. I could sell mine with 260,000 miles on it for way more than I paid for it with 150,000 on it. A new motor would be 5K a tranny 4K axle and springs rebuilt maybe another 5K, paint 3K. So 18 K for basically a new truck. But, as I drive it less than 5,000 a year it will probably last as long as I do. I can hook my 26 ft camp trailer on it and then attach my ATV trailer behind that and go down the road at 70mph. I do have to kick it out of overdrive going up the long hills.
Same goes for my Ford Heavy Duty with 7.3 powerstroke, except the prices for those id going up not down. I could sell mine with 260,000 miles on it for way more than I paid for it with 150,000 on it. A new motor would be 5K a tranny 4K axle and springs rebuilt maybe another 5K, paint 3K. So 18 K for basically a new truck. But, as I drive it less than 5,000 a year it will probably last as long as I do. I can hook my 26 ft camp trailer on it and then attach my ATV trailer behind that and go down the road at 70mph. I do have to kick it out of overdrive going up the long hills.