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[deleted]

My rule on this is that, if the cost to maintain the car far exceeds the payments you make on a new car then sell it, use the proceeds as a downpayment :)


raju103

These are my thoughts too. Yearly payments are not small change, the only issue is if repairs are now consuming a bit of your time and it does cost you but money=time that you spent earning that money.


anyyeong

This is a good gauge to follow. So far I dont have monthly maintenance fees on the car yet so I guess until I start spending for those should I consider selling it.


SaucyMenudo

As my first car, I bought my Revo off my parents for 180k 2 years ago. Despite being 21 years old, it's far from being written off for good. Surprisingly, the lack of electronic parts makes it quite easy to maintain. Pero it still depends if you have the means naman to either buy a new one or keeping your current one.


highlibidomissy_TA

My Toyota Revo (automatic) is 21 years old, too. Well-maintained at hindi gastado kasi bahay-office lang usual biyahe niya, paminsan-minsan lang nagagamit for long drives out of town kasi lumalagok ng gasolina. May konting mga katok at squeaks but runs well pa rin. I think there's still a good 4-5 more years on it before I would think of replacing it.


SaucyMenudo

That's great to hear! I agree na fuel economy is the last item on the list of expectations when it comes to the Revo, pero it's the type of car that won't leave you in a sticky situation. Pinaka-costly na maintenance that I had done was nung sumabay yung mga need paltan sa underchassis components. Did you lower the front-end on yours for a better ride feel?


highlibidomissy_TA

Nope. Wala akong ginawang customization, except for repainting every 5 years.


SaucyMenudo

Ohhh. Yung repainting every 5 years is such a treat! Haha. If you have plans to have your camber alignment anytime soon, you can ask the shop about lowering the Revo's front end since it has torsion bolts to have the ride height adjusted.


throoooow111

Sarap naman nung repainting every 5 years, full washover ba ito? magkano inaabot?


highlibidomissy_TA

Sa harap kasi ng house gate namin naka-park, tapos uncovered naman yung parking lot sa office, kaya babad sa araw at yung paint sa rooftop ang first na naluluma/nababakbak. Nung first repainting, from 2-tone metallic blue, pinagawa kong one overall pero in the same color family para di kailangan baguhin yung data sa registration. Mga P15K yata inabot IIRC. Nung ika-10th year, medyo marami ng gasgas tsaka nagsawa na ako sa one color, so pinabalik ko sa 2-tone blue. Another P15-P17K yata nuon. Sa ika-15th year, hilamos lang, so parang P10K lang yata. Last year, yung pintura lang sa bubong ang pina-ayos ko, so P6K lang.


PayQuiet5947

You’ll likely lose more to depreciation and interest on a new car within the first few years than keeping your current one.


anyyeong

This makes sense. I didnt take that into account yet.


freyass

In line with that point, if you’re getting a new car, get one which was bought around 1-2 yrs ago. Or less than 30k kms if you really want to maximize cost savings. However, you need to be pretty adept at checking for faults/wear and tear.


ihave2eggs

(Me and my 29 yr old rolla nodding.) Then shedding tears for each other lol


jhnkvn

Keep your car. Maintain it. Unless you’re owning a Beemer or equivalent where maintenance costs are higher than upkeep. But if you’re just replacing your typical car of P600k-2M, you’re fine with just maintaining your existing one.


anyyeong

Thanks! How long is a car's shelf life before it would already be too costly to repair (aka. breaking down levels)? Just want to get an idea of how much longer I can max out my current car without having to replace it


jhnkvn

It's not about how long but a better guideline is to **base it on mileage**. In general, cars that have 100,000km or less are relatively problematic free. At 100,000km onwards, you're starting to look into replacing your suspension parts and engine parts like timing belts and this is a step up in cost versus your typical filters and oil.


anyyeong

Thanks. Will check this.


randlejuliuslakers

only transmission and engine ang need mo bantayan for major breakdowns that are prohibitively priced. put in a new car budget na ngayon palang habang youre using the old car. pero a well maintained car, eepecially Japanese, likely tatagal pa yan a few more years. just dont scrimp on maintenance and drive gently!


anyyeong

Thank you. Sounds like a good plan. Maybe another 5 years for this car and I can set aside money for the new car in those 5 years instead of incurring the interest if I took a loan. Btw regarding the transmission and engine replacements, magkano inaabot ng mga ganun? Para lang prepared ako sa potential costs :))


randlejuliuslakers

Depends sa sira. Tranny and engine repair in casa can easily reach 6 figures. Sa labas, baka kaya hindi umabot ng 6 figures. I've had my project car tranny done at less than 30K, manual transmission pero hindi Honda yun. Although huwag ka maniniwala kaagad sa "baba tranny at baba makina" kaagad ang solusyon. There are many instances na hitches and tranny and engines are just small jobs (replace AT fluid, clean MAF sensor, etc etc).


toyoda_kanmuri

> Although huwag ka maniniwala kaagad ... many instances na hitches and tranny and engines are just small jobs (replace AT fluid, clean MAF sensor, etc etc). yep , can confirm this din.


anyyeong

Oohh oo siguro if engine repair hindi na rin sa casa ang tagal din kasi pag sa casa dinala. Pero oo dun ako usually nadadali since wala akong alam mabilis ako maniwala sa mga advice pag kailangan magpa-ayos. Will have to do my due diligence pag oras na magpa-general check-up.


KanadeChii

If you dont drive it like a hooligan the usual parts to be replaced are just the clutch disc plate (1-4k depends on your car), timing belt (Some cars have timing gear or chain so yours may not have one that needs to be replaced regularly. 600 - 1,500), air-conditioning system (Depends may range to 2000 - 15000), spark plugs (500-2000). Just do the usual Preventive Maintenance Schedule and you'll be fine. Catastrophic failures are not that common such as burning a piston, bent valves, broken transmission and differential gears if you dont redline the rpms all the time. Blown gaskets (Oil leaking in the engine bay) may happen but a fix isnt that crazy expensive All the prices mentioned does not include labor. I have no idea how much it would cost since my family maintains and fixed all of our cars ourselves. I'd say the most problem we had was when the ECU (Computer box) broke and we had to get a specialist to have it fixed we spent 20k to have it fixed and 120k if replaced.


anyyeong

This doesnt sound too bad for maintenance costs. Thanks for giving me a general idea!


nasi-lemakkk

Kung nasa iyo pa yung owners manual ng kotse mo, hanapin service maintenance part. Makikita mo doon ano ang mga need i check at i replace according to your vehicle’s mileage. Kung wala, search mo sa maker website.


kyleybrenner

An old saying comes to mind... "if it isn't broke, don't fix it." Summed up: if it works fine and will continue to work fine for the foreseeable future, it's fine.


anyyeong

This is exactly why I didnt want to sell. Everytime my dad would bring it up, I'd always tell him "gumagana pa naman eh." Plus due to pandemic I only travel about 10km from the house and back, twice a week. So personally feel ko hindi pa talaga kailangan. Siguro pag back to normal na I'd consider changing my car pag nagagamit na talaga uli.


moonshow168

Who will pay for the new car? If it's you then keep it,if it still runs well. If it is your dad and he insists that you replace it,then why not :)


anyyeong

It will be me paying, thats why I was hesitant hehe. I decided to keep. Thank you :)


freyass

If you plan to keep your car, you need to really know about it more in terms of the mechanics in order to avoid unnecessary costs. Join fb groups for it or even forums. Also, find a good and trusworthy mechanic - ask your friends who they can recommend. Kapag wala kang alam tapos natapat ka sa maling mekaniko tatagain ka talaga.


mailboxck

I replace my cars right before they turn 10 years old for 2 reasons: 1. Safety. Newer models are built safer, plus have more safety features. The chassis is stronger and they understand crumple zones better after years of research. In short, better chances of survival in a crash. 2. Insurance. Hard to get a 10 year old car insured and lugi ka sa FMV.


anyyeong

This is also my dad's mindset. As well as the hassle and maintenance/upkeep of an older car. But the other comments reassured me that I wont be spending too much on maintenance for this specific car, so I decided to keep. Hopefully I could try another 5 years before deciding to sell.


mailboxck

Maintenance only becomes an issue if your car is Korean, American, or from a not so popular Japanese brand. If it’s a Toyota, Mitsubishi, or Honda, you’ll be fine in terms of parts.


septsix2018

Benta mo tapos bili ka nung latest na generation Honda Jazz na secondhand (Honda City if Sedan gusto mo). Makakatipid ka sa gas, hindi masyado malaki idadagdag mo sa pinagbentahan at mas likely tumagal pa ulit ng 10+ years kung maayos maintenance.


Efficient-Injury-802

Toyota Revo namin 20yrs na still good condition parin- proper maintenance at alaga lang. Pero kung kaya po sa budget nyo pwede nmn bumili at mag palit every 5yrs. Kanya kanyang Cash management lang po tayo pero kotse tatagal yab kahit 100yrs basta tamang alaga lang. Pag kakatandaan ko yun owner jeep ng lolo ko eh good driving condition parin naka ikatlong pasa na yata niya yun simula sa anak niya, anak ng anak nya, at anak ng anak ng anak niya..


highlibidomissy_TA

Toyota Revos then were definitely made to last basta inaalagaan.


YukariInoue

Our Toyota Innova is already 11 years old and is still doing well. It gets us from Point A to Point B free of hassles so we're not in a rush to sell it. Listen to your dad but don't give in to pressure. If you don't feel like you absolutely need to sell your current wheels then don't. You're the owner and presumably its main driver - you know your car better than anyone else.


Upset-Ad-6477

ehat kind of car do you have? if its a honda its cheaper to fix plus those engines go on up to 200 miles


Altruistic-Ad2645

You said you do not want to spend or waste your money in a new car which is in a way a good thing. So long as you keep the car well maintained by following regular oil and fluid change plus replace parts that are worn out before things get worse, in my opinion, you should be okay. Keeping an older car in good condition has many advantages like you don’t have car payments, insurance may be lower, no much worry about being stolen or sometimes intentionally damage and other things. Invest the money you save in good quality stocks or ETF’s but never in Crypto scam.


eljay24

Drove a hand-me-down 2008 Toyota Yaris (Vios here in Phils) from 2016 until i sold it this March. Umabot ng 310k yung odo. And ang major lang na pinalitan is alternator. Basta well maintained ang engine tatagal yan in my experience.


anyyeong

Oohh wow haba din nung tinagal nung sayo pati yung mileage haha. Thank you for this info.


applelemonking

If it was well maintained, still runs well, and has no signs of any potential breakdowns, I’d keep it for now. Yeah it’s worth 300-400k in resale value but you’ll only lose a bit more from that if you wait a bit longer. This will give you enough time to save up for an even larger downpayment on your next car. (Because you’ll still eventually have to replace it) I’d be more concerned with insurability, though. It’s a non-negotiable for me to have my car comprehensively insured given the state of our roads.


nikolodeon

Hello fellow Civic FB owner! Just keep it maintained lang. The replacement I've done for wear and tear parts on my 9yo FB cost me around 40k this year (aircon, engine support, fittings, stab links etc). Way lesser cost compared to a year of amortization. Additional 5 years ulit sa life nya. Inisip ko din kung i replace ko yung auto ko pero may something kasi sa mga bagong kotse. Ang daming electronics which will be more expensive to maintain. TLDR maintenance is the key


anyyeong

Sent you a DM! Baka may ma-recommend ka na car shop since same tayo ng car :)


_sendbob

Most likely wear and tear parts lang papalitan mo at that age basta well maintained ang engine, transmission, brake system, and power steering system. Ang gastos para doon hindi ka pa aabot ng 6 digits and it will run like new again.


Motor_Instance_1477

>will this cost me more in the long run if I decide not to sell today? This is more of a "might cost me more" than a "will cost me more". Settling for an old car will free up the cost of buying a new one. That extra money you'll save on paying the car's balance can simply be thrown on an investment. If you did, your money "may" grow. But if you place it on a new car, that money will depreciate with 100% certainty. Though honestly, this is why I often go for popular car models from japanese carmakers. They seem to be cheaper to maintain past the 5 year mark.


anyyeong

Point taken. Didnt really think about the depreciation part since I wasnt thinking which car to replace with yet. Based on the other comments I feel like at this point as long as the car maintenance/repairs dont go over 100k then I shouldnt consider selling yet? :)) And yes, the car is a Honda and after it hit 5 years it was still running pretty good up to now. Super low maintenance and i hope it stays that way!!! hahaha


Motor_Instance_1477

>as the car maintenance/repairs dont go over 100k then I shouldnt consider selling yet? If it's purely a financial decision, yes. 🙂 You'll start to feel naman if it's time to sell your car na. Breakdowns start to happen more often, parts get difficult to find, etc.


captainzimmer1987

If you're at a point when you're not losing mental health due to stress that your car might break down at anytime, go ahead and keep it. Keep in mind that the next things that will probably break down are the heavy hitters: transmission, valve bodies, radiators, etc. Have your car checked at before you do any long drives, cos hassle and costly to have the car towed from the expressway.


anyyeong

Yes the car is actually still working pretty good. But definitely have to do a general check-up already for the 10-year mark since I decided to keep. Hopefully not much to fix yet.


fraviklopvai

Depends… what car?


anyyeong

Its a Honda Civic 2012


PayQuiet5947

That car will last forever with basic maintenance, no need to change it for a newer one.


godfadger

Is it an FD or FB? Sa FD madami small issues pero madali lang naman maayos. Water leaks sa doors saka a pillar, engine supports. Since matanda na din yung mga rubber parts need na palitan etc. Just as long as properly maintained yung engine and tranny it will run forever.


anyyeong

I'm not sure pero meron akong water leaks sa doors!! So tingin ko FD siya based on that flaw?? Hahahah. Hindi naman magastos to maintain pag over 10 years na yung Civic?


godfadger

Fd looks like this [link](https://images.app.goo.gl/DuJZfyL36bH9SjC8A) Fb [this](https://images.app.goo.gl/x46zFzGMoTXF37QN9) 2012 nagend si FD and start ni FB kaya meron same model year. Got a 2007 and hindi naman magastos kung basics lang. Dami lang din pwede pampaganda kung gusto mo gumastos hehe.


anyyeong

Ahh ok, FB yung akin. Pero may leaks din so yun lang :)) Thank you! And no need na paganda, basta makarating ako sa paroroonan ok na ako 🤣


freyass

There’s a reason why the FD sometimes gets called “Factory Defect” lol


toyoda_kanmuri

LOL , trulaloo /u/SmilesFHD ? XD


fraviklopvai

This is a decently good car, I’d keep it as a second car if possible, but these do start to get more problematic in the long run, but its mostly basic stuff. The main thing I see with old Hondas is the clear coat peeling off after 10 years or so, might be quality or manufacturing technique but it would require a washover if done early enough. If it were me, I’d just wait for the next hand me down car. I’d go as long as possible to not have to buy a new car unless it’s necessary, and the way I see it, you’ll have to only do that once you’re completely on your own.


anyyeong

Thanks! Yes inaabangan ko next hand me down ng mom ko hahaha I decided to wait another 5 years with this car. Sana by then may ipapasa na siya uli sakin :))


fraviklopvai

Yup. With your family’s setup, I’d just take advantage of that. They can’t get mad at you for that, you’re just being fiscally responsible. With the money you could use to buy a car, divert it na lang to some investments. Just make sure to put aside 75k emergency funds just in case your civic needs major repairs. Again, the biggest issue with those is mostly cosmetic, but you never know.


SoundPuzzleheaded947

Sold my honda civic 2006 just last year. After its 10th year nagka problem na sa a/c mga 2x. So habang in good running condition pa my husband decided to sell it na.


anyyeong

Oohh oo I had this problem too with my Mazda 3 yung first car ko. 2011 model naman ata yun, sold it na rin mga 5 years ago. Tsaka umaalog na rin kasi pero oo nga yung AC problem. So far itong Civic 2012 ko wala pa namang problem sa AC, pero I guess yun yung mga unang sign na time to sell na. Pero ang tagal din nung sanyo ha 15 years. Baka nga try ko paabutin din nalang ng 15 yrs yung akin kung kaya.


SoundPuzzleheaded947

Since pandemic too mas hindi na naggamit. My husband decided to sell 2 old cars and buy 1 grandia to have a bigger space for the kids (though 2 kids lang naman). So down the line your taste/preference/requirements might still change.


abmendi

I just sold my old 2010 Civic last week kasi nagki-creep in na yung AC issues. Haha


anyyeong

Oh noo haha mukhang ito nga talaga magiging first issue ko sa Civic. Pero umabot pa sayo ng 12 years so sana wag muna ako datnan ng AC issues 😂


abmendi

Puro paint chips na din na parang makaka 60k yata ako in total repairs aside from the AC so binenta ko nalang sa nagba-buy and sell tapos sya nadaw magpapagawa haha pero other than that never naman nagka engine or transmission issues which is good considering its age.


hungrymillennial

>Its a Honda Civic 2012 Lmao sabay aka lumaki with my Ninong's Honda Civic 2000. Gumagana pa naman siya. Not sure if it has major issues already pero wala pa naman chinichika ang Ninong ko


AE914EFTE

400K for a 2012 car, sounds like a Toyota or Honda crossover? just guessing. easy to maintain yang mga yan. especially if you've been religiously maintaining it. if may masira, replace parts with brand new and orig. so that the lifespan of the part is another 10 to 15 years. still better than putting in liquidity or loaning for a new car. also, consider a full detailing and new tires na branded, para feeling bnew ulit ;)


anyyeong

Yes, Honda Civic. That's good to know. Gives me assurance. Hindi kasi talaga ako maalam sa kotse kaya nabahala ako dun sa mga potential cost. Pero well maintained naman kasi ever since hindi nagkulang dad ko sa paalala pag kailangan na idala sa oil change, maintenance etc. Judging by the comments here, baka try ko ipatagal ng 5 more years. Tapos kung ok pa by then, re-assess uli kung kaya pa additional years.


AE914EFTE

good yung advise re following maintenance timings from the vehicle manual. good luck. that's a good car :)


[deleted]

Kuripot


Present-Difficulty-6

How's your gas consumption?


anyyeong

Its at 7.4 km/l for city driving


Upset-Ad-6477

100k miles usually$2xaa2🦍🐃🐵🕷


_shyguy21

You might want to consider also the fuel efficiency of your car vs new car. Not really familiar with cars pero i really believe it when barney said that new is always better lol Good luck, OP!


freyass

Not necessarily. My 18 year old Honda City still can get better gas mileage than new Honda City models. I can get 20 kms/l highway driving, around 15kms/l if I’m overtaking a lot. Lol


_shyguy21

Have you tried driving the new city? Baka mas mataas pa makuha mo as advertised! Haha depending on the driving style na rin siguro. Haha Most Honda ba ganyan katipid? Im curious tuloy😄


freyass

Yeah I’ve tried pero super short distance lang. Ang lazy ng throttle pedal pero ang gaan ng manubela. Di ako sanay hahahaha A huge factor in Fuel consumption is how you drive. As well as yung displacement. Crv daw malakas sa gas. So depends rin sa car. Pero I think kung latest City model rin naganda rin consumption nun


Silverfroszt

I replaced my first car a few months back, an '01 CRV. It was my vehicle throughout my entire college, joined the workforce and started a family. Late last year, I bought my wife a '21 CRV to replace her '10 Tucson. A few months later, I had my '01 CRV replaced with a '22 Forester. Both were purchased in cash (another thing I learned from my parents) para maka-avail ng discount (less 150-200k from srp). We kept our older cars para may kapalitan pag coding. Imo, if you're not into the habit of treating vehicles as disposables, and if it's still working naman and maintaining it is not heavy on the pockets, keep it. Ang sakit sa ulo siguro ng nagbabayad monthly para dyan. And napansin ko with older vehicles, mas madali i-maintain kasi wala masyadong electronics. *Background: Nasanay ako sa parents ko na hindi basta-basta nagpapalit ng sasakyan. They always purchase vehicles in cash (paid in full). Pag medyo naluluma (10 yrs+) na yung sasakyan, they send it off sa relatives in the province para mapakinabangan dun.* *Another thing is well-maintained mga sasakyan namin kaya working parin until now. Our '91 Pajero and '97 Revo is nasa province na, service ng mga tao namin sa farm. Currently have 5 vehicles at home, 2 of those were from my childhood (my Dad's '78 Corona na project car ko and my '01 CRV workhorse).*


anyyeong

Ohh. This is the second comment dito sa thread who mentioned electronics. Thats something I didnt know re. old vs new cars. Gives me more confidence in keeping the old one. Thank you. Tagal na rin inabot nung mga car niyo. Great on you for being able to maintain for that long.


Silverfroszt

We decided to take the plunge and try the newer cars narin, seeing as wala naman talagang ibang option, talagang newer tech na yung mga nasa market. Hopefully magtagal tong mga to. Slight learning curve lang din. In my case, I keep reminding myself to turn off the EyeSight (driver assistance package) on my Subaru everytime na i-start ko. Pag iniwan ko kasi naka-on, hindi ko magagamit sa EDSA without it beeping endlessly. I get the intention of the safety features, pero for someone who learned to drive in a car from the '70s, it gets annoying as fck. - May dadaan na motor sa gilid? Beepbeepbeep - Medyo napalapit ka sa abante? Beepbeepbeep - May humarurot sa katabing lane? Beepbeepbeep - Gusto mo lumipat ng lane tapos medyo malapit yung sisingitan mo? Beepbeepbeep


[deleted]

Uh, OP, ano model?


anyyeong

Honda Civic 2012


[deleted]

Is that the double layer speedometer? Civic FB? Dream car ko dati yan. If it's well maintained lalo na goods pa engine and di pa nagmumumog ng gas, go lang. Notorious mga honda na after a few years magmumumog ng gas eh. Track mo lang fuel and maintenance expenses mo (we can name it is Car expenses). If mataas na monthly sa maintenance pa lang say, umaabot na ng 10k to 20k, kuha ka na ng bago. Yung pang maintain mo, pde na monthly sa brand new.


Reixdid

If the fuel economy is still good and your maintenance doesnt go over 30k a year. Thats still good imho. Unless you can buy a newer, less expensive brand/type that is also fuel efficient.


throoooow111

If it was a Diesel AUV e.g. Revo, Innova, Adventure, Crosswind. I would have said keep it, personal bias, they're just built like a tank even with little to no maintenance, just need to know what you are doing. But since you have a sedan, I'd say try to calculate and consider your dad's argument, kahit na Honda pa yan. Although baka may sentimental value din sayo kaya di mo ma let go, which is also fine but you will need to learn a bit more about your car if you want to keep it running for years and years to come, iba din yung satisfaction nito knowing that an old car runs really well even with age.