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Home > New brakes and tires. =(

New brakes and tires. =(

December 26th, 2007 at 07:31 am

I knew this day would come. I drive a 1998 Mercury Sable, and it is paid off. It's had some problems over the past year with not starting; however, I haven't had to put any cash into it. That is about to change.

The good ole Mercury probably needs new brake pads and new tires. This is all going to set me back somewhere around $410. That's not terrible, but it's the first major repair bill I've had to pay since I've been out in the world on my own.

My emergency fund can easily absorb this, but it's the principle of the thing. Overall, however, the Mercury is being good to me. As long as I'm not pumping thousands of dollars into it a year, it's saving me cash. I don't want to make a car payment any time soon. Roll on, Mercury! Roll on!

3 Responses to “New brakes and tires. =(”

  1. merch Says:

    You should think of setting up 2 new lines in your budget: auto repairs and auto savings. This way you can start saving for that new car and repair your car without tapping the emergency fund.

    Just an idea. Good luck.

  2. koppur Says:

    It looks like you have the money in your EF for the car repairs. That's great! It means no interest on cc debt and you can replace that money. Good luck!

  3. fern Says:

    Eventual replacement of things like brakes and tires is par for the course, so if that's all you have to do to keep that baby running, consider yourself lucky. Forestall new car payments for as long as possible!

    If you're curious, here's what i've spent on repairs and maintenenace on my 99 Civic in the last few years (since i keep track of these tings)...
    2007: $1,029
    2006: $1,020
    2005: $614
    2004: $945
    2003: $466
    2002: $740
    2001: $507
    2000: $235
    1999: $14,500 purchase price

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