I have a 2000 Honda CRV with 86,000 miles, purchased used in 2003. Vehicle runs well with few problems. Since it is 10 years old shall I sell it, for about $6000, and use this money for a late model used CRV, thereby giving me a low monthly payment or keep it until the wheels fall off or until it begins to nickel & dime me to death? Thanks.
Don’t Get Into The Payment Trap. Pay Cash For Car Purchases. Now Is The Time To Drive What You’ve Got And Save For Your Next Cash Purchase. When You’ve Saved Enough Then Shop.
Deficit spending seems to be epidemic. Don’t start. You’ll thank me later.
CSA
Please allow me to second CSA’s excellent advice.
You will be FAR ahead financially if you save your money so that you can pay cash for your next car.
Then, maintain that car well enough so that you have time to save the necessary cash for the next car, and so on.
Because my fiscally-conservative father taught me how to be thrifty, I paid cash for my first car, a brand new '71 Charger, and I have followed that path ever since. My pattern is to buy a new car for cash, maintain it very well, and drive it for 8-9 years while saving my money. Between savings and a high trade-in value on the “old”, well-maintained car, I can afford to give the car dealer a personal check for the next car.
Once you allow yourself to fall into the financial trap of financing (or the similar trap known as leasing), you may never be able to extricate yourself. Begin being fiscally responsible now, and it will pay dividends (both literally and figuratively) for the rest of your life.
Some late modal CRVs have had A/C problems that requires the hole A/C system to be replaced at a cost of Three Thousand dollar. There is a good chance that the CRVs with A/C problems are the ones that end up on the used car lot. Your 2000 CRV may not have as big of A/C problems. The problem seemed to become a bigger issue when Honda switched to a in house supplier on the generation CRV after yours .
Google Honda CRV Air conditioning problems.
I say keep the 2000 CRV.Keep the 2000 crv you can go 200,000 easy if you keep it up.
Ask around and research this, the valves tighten up and if not adj they will burn up.
They do not make any noise but it is important!
You must use honda anti freeze, other kinds will jell up.
If it is all wh drive rear end fluid must be changed at I think 80-90,000mi with honda fluid, again MUST use honda fluid.
Do not say I did not warn you!
2000 and later crvs are the 2nd best little suv ever.
Rav4s are #1 but I am biased LOL
Keep it Keep it
Five Star, CSA, and VDCdriver