It makes sense to drive an older car for a number of reasons, most notably the savings of owning the car outright rather than making monthly payments and if you're comfortable with it, you don't need as much insurance as required by a loan provider. However, when a car gets to the point in which it is no longer reliable you may realize you need to reevaluate whether to continue driving the car at which point you have to make a decision about what to do with it.

Read the rest of entry »