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<blockquote data-quote="Deer Whisperer" data-source="post: 4794916" data-attributes="member: 2582"><p>Great question. I'm sure it happens, but I have never had it happen to me. The worse was a VERY slow oil leak from a rear main seal. It was really no problem. </p><p>Sometimes, a maintenance item will need to be done because of age, not mileage. If a timing belt is original, it may be 15 to 20 years old, but only have 35K to 50K miles on it. If it's a car my wife will be driving, I will go ahead and replace it. If it's a non-interference engine, I will usually keep driving on the old belt. </p><p>Usually an older car does need some kind of small repair or maintenance done. </p><p>I may buy a car for $4K, put new tires on it, oil change, plus some other small maintenance thing and have a total of <$5K in it. I drive about 12K miles per year. I can drive that vehicle for a few or even several years and sell it for close to what I have in it.</p><p>The main thing is that I like to start out with a vehicle that has a track record of being durable and reliable. </p><p>If you buy an old turd with low miles, it may turn into a money pit.</p></blockquote><p></p>
[QUOTE="Deer Whisperer, post: 4794916, member: 2582"] Great question. I'm sure it happens, but I have never had it happen to me. The worse was a VERY slow oil leak from a rear main seal. It was really no problem. Sometimes, a maintenance item will need to be done because of age, not mileage. If a timing belt is original, it may be 15 to 20 years old, but only have 35K to 50K miles on it. If it's a car my wife will be driving, I will go ahead and replace it. If it's a non-interference engine, I will usually keep driving on the old belt. Usually an older car does need some kind of small repair or maintenance done. I may buy a car for $4K, put new tires on it, oil change, plus some other small maintenance thing and have a total of <$5K in it. I drive about 12K miles per year. I can drive that vehicle for a few or even several years and sell it for close to what I have in it. The main thing is that I like to start out with a vehicle that has a track record of being durable and reliable. If you buy an old turd with low miles, it may turn into a money pit. [/QUOTE]
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