UnThreaded | Threaded | Whole Thread (31) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: NoIDAtAll Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308229  
Subject: Re: update Date: 8/5/2013 9:22 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
I see only two ways anyone could swing $250/year in maintenance and repairs on a vehicle. 1. They live in a city where they can walk, bicycle or ride the bus most of time (so the car sits idle most of the time); or 2. They buy low-cost, high-mileage cars and do all their own repairs. I suspect you're talking about the later.

I bought my last car in 1996 for $2200. It was a 1992 Ford Escort with 55,000 miles on it. The clutch was slipping, but otherwise it was in very good condition. I use to work on cars quite a bit, but no longer care to. I paid a good shop $500 to replace the clutch, which I thought was fair for the front wheel drive car. I've had the front brakes redone 3 times and the rear brakes twice. A couple of months ago I had the A/C compressor replaced with a good used one for $200... He quoted me $150, but I thought he did a good job and gave him an extra $50. (Another shop had quoted $1,000... which might not had been too far off, IF metal fragments had gotten into the system when the compressor went, but they hadn't.) It's now 17 years old and has around 185,000 miles on it. It gets me where I'm going reliably.

Over the years I've rebuilt around 16 car engines. I learned on the first one to disassemble the engine, take it to a machine shop, have them hot tank it, replace the freeze plugs, check the rods for straight and the big ends for size, bore the cylinders to the next size to get them straight, replace the pistons and wrist pins and go through the head, checking the springs and valves, replacing as needed and, usually, bushing the valve guides and then grinding the valves and seats with a 3-angle grind. I then reassemble, clecking bearing clearance with Plastigage, using a name brand gasket set and sealer and a torque wrench to tighten all of the fasteners. It usually cost me around $1200 to $1500 to redo an engine, but they ran great. I cost me around $150 to $200 to have (3-speed) automatic transmissions rebuilt by a shop, if I removed and replaced the transmission.

I sell insurance for a living. A foreman at a body shop I referred a lot of insured to showed me how to replace a quarter panel and do some body work. I also took a class in body work at a local trade school.

It was an enjoyable hobby for me. I sold some cars I wish I hadn't, among them my first car, a 1956 Chevy convertible.

Bob
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (31) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement