# 1992 Honda Accord Keep or Sell **URL:** \ **Category:** Maintenance/Repairs\ **Created:** [June 6, 2008, 10:41pm UTC](https://community.cartalk.com/t/1992-honda-accord-keep-or-sell/14944 "2008-06-06T22:41:11Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![SJGUY99](https://avatars.discourse-cdn.com/v4/letter/s/d07c76/32.png) [@SJGUY99](https://community.cartalk.com/u/SJGUY99)\ **Post date:** [June 6, 2008, 10:41pm UTC](https://community.cartalk.com/t/1992-honda-accord-keep-or-sell/14944/1 "2008-06-06T22:41:11Z")
I have a made in Ohio 1992 Honda Accord EX 4dr automatic with 47,000 original miles on it. I purchased it 8 yrs ago with 24,000 miles on it. The major expenses have been a rebuilt transmission and the timing belt/water pump change. For the past week, the ABS light comes on about 30 seconds after I put the car in drive and stays illuminated throughout the entire trip. I’m not sure exactly what this means–if the ABS system is shot or if it’s just a faulty sensor. The car has been garaged all its life and the Honda independent mechanic I take it to says the car has been well cared for and that the 1990-1993 Accord era was exceptional for Honda. My only complaints about the car are the poor gas milege–only 22mpg in town in the summer with a/c on and the fact that the R12 a/c isn’t the coldest (compared to GM cars)despite the fact that the a/c system was just recharged and there are no leaks found by the leak detector. If this car is one of the top 5 stolen cars nationwide, it must be well regarded. I’ve never purchased a new car in my life. In fact, I’ve always purchased under $3,000 GM cars with very low mileage driven by seniors and then put about 25-30k miles on them and then sold them 5-7years later. The Honda was the first time I went out on a limb, since I regard a car as more of a money pit and depreciating asset and try to limit expenditures on it as much as I can. I don’t drive much and not owning a car and I’m not the type that would want to buy a new car and keep it for 20 years and 200,000 miles and run it in to the ground. I like the Prius and there’s been debate on other threads as to the future resale value of them. I wouldn’t mind paying $25,000 for one and then be able to sell it 5yrs later for $20,000 if the current gas price trend continues and this is the future reality. I’m wondering if I should buy a 2001 Corolla with 30,000 miles, keep it for 5 years and sell it with 50,000 miles and not lose much depreciation and have a low cost of ownership–which is what I’m after. What would you all do? ---
**Author:** ![NYBo](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/nybo/32/17281_2.png) [@NYBo](https://community.cartalk.com/u/NYBo)\ **Post date:** [June 6, 2008, 10:47pm UTC](https://community.cartalk.com/t/1992-honda-accord-keep-or-sell/14944/2 "2008-06-06T22:47:53Z")
With as few miles as you drive, the Prius would be a waste of money. And it’s very unlikely you’d be able to sell it for 80% of purchase price 5 years from now. Fix the Accord. ---
**Author:** ![Beadsandbeads](https://avatars.discourse-cdn.com/v4/letter/b/c57346/32.png) [@Beadsandbeads](https://community.cartalk.com/u/Beadsandbeads)\ **Post date:** [June 6, 2008, 11:05pm UTC](https://community.cartalk.com/t/1992-honda-accord-keep-or-sell/14944/3 "2008-06-06T23:05:16Z")
Keep and fix ---
**Author:** ![SJGUY99](https://avatars.discourse-cdn.com/v4/letter/s/d07c76/32.png) [@SJGUY99](https://community.cartalk.com/u/SJGUY99)\ **Post date:** [June 7, 2008, 12:27am UTC](https://community.cartalk.com/t/1992-honda-accord-keep-or-sell/14944/4 "2008-06-07T00:27:05Z")
Thanks for the info