My sad but faithful 1993 Ford Ranger (160,000 miles) is on life support and now needs about $1,000 worth of repairs to fix three major problems. I’m debating whether to have those problems fixed or replace it with something that’s cheap but reliable. I need a truck only about 4 times a year, so I don’t want to invest big bucks.
I’m looking at a 2006 Ford Ranger–a mere youngster compared to mine–that has 121,000 miles and is selling for just under $4,000. It has had two owners and no accidents, and it checks out with a mechanic.
Does it make sense to finally say good-bye to the '93? And if so, does it make sense to buy a truck that is 12 years old and has significant mileage?